Indian stock market turned red after threat of 500% tariff, Sensex fell by 780 points and Nifty-50 fell by so much.
Share Market: Ever since the news of America’s introduction of this bill has come, the concern of investors has increased.
Heavy decline in stock market for the fourth day
Share Market News: The Indian stock market continues to decline for the fourth consecutive day. Investors are worried as to what happened that the market is not able to recover. On the day of expiry on Thursday, Sensex recorded a fall of about 800 points. At the same time, Nifty 50 also recorded a decline of more than 250 points. Apart from this, mostly the decline in all the shares continued. Its greater impact is being seen in oil and metal companies. A decline of 3 percent has been recorded on most of the shares of these companies. According to experts, America is believed to be the reason behind this decline.
US President Donald Trump has once again talked about increasing tariffs on India. A new bill is also being introduced in America. If this bill is implemented, a tariff of about 500 percent will be imposed on India. Apart from India and China, its biggest impact will be seen on Brazil. After the new bill is approved, heavy tariffs will be imposed on countries that buy oil, gas or other energy from Russia. However, it is believed that Donald Trump wants to increase economic pressure on Russia by bringing the bill.
Investors’ concerns increased regarding America’s bill
Ever since the news of America’s introduction of this bill has come, the concern of investors has increased. Because India is the largest buyer of Russian oil. There is a fear among investors that the tariff may affect the stock market. Therefore, most of the selling is going on in the market. However, this is not limited to the Indian market only but it remains a global challenge. A huge decline has also been recorded in the markets of Japan and Hong Kong.
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When will the stock market rise?
Selling of shares by investors has been going on for the last few days. Investors have sold shares worth thousands of crores of rupees since the beginning of January. Due to which there has been a lot of pressure on the Indian stock market and the morale of investors regarding the market has weakened. But as soon as after a few days, Indian companies will present their quarterly results. The market environment will change once again. During this period, a rise can be seen.
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