Difference between revisions of "Share Mania"
From bombaywiki
(Created page with "refers to the first recorded boom in the Indian stock market which ended in grief and ruin for many. The meltdown happened because the American Civil war ended in May 1865, wh...") |
(No difference)
|
Latest revision as of 12:57, 14 July 2017
refers to the first recorded boom in the Indian stock market which ended in grief and ruin for many. The meltdown happened because the American Civil war ended in May 1865, which caused cotton prices to fall in anticipation of resumption of supplies from the United States. And the money that was because of the cotton boom could not materialise and thus the burst in the stock market.
