International Journal of Disaster Recovery and Business Continuity Vol.11, No. 2, (2020), pp.1568–1572 Major Financial Crisis of Past Two and Half Decade: A Conceptual Study Anuradha Samal1 and A K Das Mohapatra2 1Assistant Professor, Department of Business Administration, Sambalpur University, Odisha- India.
[email protected] 2Professor, Department of Business Administration, Sambalpur University, Odisha- India.
[email protected] &
[email protected] Abstract This paper analyses is regarding the conceptual understanding of the major financial crisis in the Indian Stock Market during the past 24 years since 1995. A critical Incident Analysis has been done by dividing the entire data into three major events namely; Asian Financial Crisis, Sub Prime Mortgage Crisis and Chinese Stock Market Turbulence which has affected the Indian stock market to the maximum extent in the past two and half decade. Keywords: Asian Financial Crisis, Sub Prime Mortgage Crisis and Chinese Stock Market Turbulence Introduction This paper analyses is regarding the conceptual understanding of the major financial crisis in the Indian Stock Market during the past 24 years since 1995. A critical Incident Analysis has been done by dividing the entire data into three major events namely; Asian Financial Crisis, Sub Prime Mortgage Crisis and Chinese Stock Market Turbulence which has affected the Indian stock market to the maximum extent in the past two and half decade. Indian Stock Market In Indian Stock market shares of pubic listed companies are traded. The origin of the Indian stock market began in 1875 where long period securities in the form of negotiable instruments were introduced.