Amid global rout, the Sensex on Monday closed for the day at 25,741.56, down 1,624.51 points – marking the biggest ever mauling it has received historically. Similarly, the Chinese stocks also nosedived in the sharpest decline since 2007 over fears of a hard landing for the world’s second largest economy. Japan’s Nikkei fell 4.6 per cent to 18,540.68, its worst one-day drop since in over two and a half years.
This slump in Asian markets effected in massive spike in search interest in Asia’s market indexes on Monday, following a slow build over the last week.
According to data shared by Google, the Dow Jones Industrial Average (DJIA) garnered way more search interest globally last week. But the focus began to shift to the volatile Asian markets recently. The data, however, shows that despite today’s market bloodbath, people were also searching for DJIA – perhaps wary of the fallout on global markets.
The crash of the Greek economy had seen similar spike in Google search in July.
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