How Demonetisation Shocked the Stock Market | What’s in the Chart? | smallcase
Автор: smallcase
Загружено: 2025-02-21
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On November 8, 2016, India’s economy took a drastic turn—86% of cash in circulation became worthless overnight. The next day, the stock market plunged, with the Sensex dropping over 1,300 points and NIFTY tumbling by more than 500 points. But why did this happen? And how did different sectors react?
In this episode of What’s in the Chart, we break down the immediate impact of demonetisation on the Indian stock market, sector-wise movements, and the long-term effects on the economy. Did the move benefit any sector? Which ones suffered the most?
Watch till the end and let us know—where would you have invested during demonetisation?
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