Such is the condition of the global market: Kospi and Nikkei boom, will there be an uproar in the Indian stock market too?

Asian Stock Market Crash: There is panic in Asian markets today, there is a lot of turmoil in the stock markets around the world and a huge decline is being seen in the Asian markets. The fear of breakdown of the peace agreement between America and Iran has created uncertainty in the minds of investors. Due to this tension, crude oil prices have once again increased, increasing pressure on the global economy.

Kospi and Nikkei crashed

Selling period is dominating the major markets of Asia. South Korea’s KOSPI has fallen nearly 2% in early trading. At the same time, Japan’s Nikkei is also trading with a decline of 1%. However, a slight rise has been seen in the markets of Hong Kong and China, which is a matter of slight relief for investors.

Fear of crude oil and Fed

Brent crude rose 0.85% to $72.6 a barrel on concerns over the future of the peace deal. Apart from this, investors are also afraid of the upcoming decision of the US Federal Reserve (Fed). It is estimated that the Fed may increase interest rates, which may have a negative impact on the earnings of companies.

What will be the condition of the Indian market?

Despite this chaos in foreign markets, good news is coming from the Indian market. Experts believe that the structure of the Indian market remains quite strong. There are indications of Nifty opening about 34 points higher today. Bank Nifty is also predicted to rise, which is a positive news for Indian investors.

Also read:- JP Morgan’s big claim: Tax reforms are affecting the stock market like this, know why Indian investors are standing firm

Growing concern of AI companies

The market is not only under political tension but also under pressure from technology. Investors fear that the valuation of companies related to Artificial Intelligence (AI) has now increased too much. Price increases by companies like Apple and earnings estimates from big tech companies have created headwinds in the market.

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