The Sensex fell over 1,000 points, and the Nifty slipped below 23,200. A terrible earthquake occurred in the stock market! Sensex falls by more than 1000 points, Nifty slips below 23,200 – ..

A very big and shocking news is coming out from the Indian stock market at this time. Today there is an outcry in the domestic stock market due to all-round selling. The selling phase that started as soon as the market opened on the trading day of the week quickly plunged Dalal Street into the red. Bombay Stock Exchange’s sensitive index Sensex has crashed by more than 1000 points. On the other hand, Nifty of National Stock Exchange has also given a big blow to the investors and it has slipped far below the important psychological level of 23,200. Due to this sudden tsunami in the market, lakhs and crores of rupees of investors have been wiped out within minutes.

Midcap and smallcap indices also bled completely.

The impact of this devastation in the market was not limited only to large stocks, but smallcap and midcap segments were also badly hit. Midcap and smallcap indices, which have been giving excellent returns for some time, fell apart like a house of cards today. Due to all-round selling pressure, BSE Midcap and Smallcap indices have registered a huge fall. Due to this huge fall, the advance-decline ratio of the market got completely deteriorated, which means that the number of falling stocks was many times more than that of rising stocks. Retail investors, who had entered the market seeing the recent rally, have suffered the most from this huge fall.

Why did the stock market crash? These are the 4 main reasons for the decline

According to market experts and global economists, many major global and domestic reasons are responsible for this uproar in the market today. The first major reason is the weak signals coming from the American market and the uncertainty regarding interest rate cuts there. The second reason is the rise in global crude oil prices, which is always a matter of concern for the Indian economy. The third reason is the continuous heavy selling from the Indian market by Foreign Institutional Investors (FIIs), due to which the market sentiment has completely deteriorated. Apart from this, on the technical front, Nifty and Sensex breaking their important support levels also became a major reason for this panic selling.

Maximum loot took place in these sectors, big stocks also piled up

In today’s fall, shares of banking, IT, auto and realty sectors have been hit the most. There was a huge decline in the banking index Nifty Bank, which pulled the entire market down. The huge fall in heavyweight and big stocks like Reliance Industries, HDFC Bank, ICICI Bank, Infosys and TCS added fuel to the fire. In this environment of all-round recession, except selected defensive sectors like FMCG and Pharma, indices of almost all the sectors were seen dipping into the red.

What should investors do next in this market crisis? Experts’ opinion

After this sudden crash in the stock market, a question is arising in the minds of common investors as to what they should do now. Market experts believe that in such a big fall, one should not sell their shares in panic (Panic Selling). This downturn could be a great opportunity for long-term investors to add fundamentally strong and quality stocks to their portfolio gradually (in SIP mode) at lower levels. However, until the market stabilizes and Nifty again crosses its strong resistance levels, short-term traders should completely avoid trading with heavy leverage.