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X's stock declined by the same percentage as the NIFTY on Mad Monday in October 2008. X was the victim of what type of risk?
Suggested Answer: B
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15 comments · newest first
SH
Sharee
3 days ago
I think it's Market Risk. Makes sense.
MA
Marion
8 days ago
Are we sure it wasn't interest risk? Seems odd.
PE
Pedro
13 days ago
Can't be business risk, that doesn't fit.
FR
Freeman
18 days ago
Surprised it was the same percentage as NIFTY!
TE
Teresita
23 days ago
I think it's financial risk, though.
NO
Norah
29 days ago
Definitely market risk!
BI
Billi
1 month ago
No way, it’s clearly market risk!
TH
Theola
1 month ago
I thought it could be financial risk too.
DO
Doug
1 month ago
Wait, are we sure it was the same percentage?
CA
Camellia
2 months ago
Agreed, it’s all about market movements.
JA
Janna
2 months ago
Definitely market risk!
HO
Horace
2 months ago
This reminds me of a practice question where we discussed how systemic risk impacts stocks. I’d go with B for this one.
JO
Josphine
2 months ago
I’m a bit confused; could it be financial risk? I feel like I need to review those definitions again.
WI
Willodean
2 months ago
I remember studying that market risk affects all stocks in a downturn, so B seems right.
RE
Reuben
3 months ago
I think this might be market risk since the stock moved with the NIFTY, but I'm not entirely sure.