There is no sign of a decline in local stock markets. The Indian stock market once again closed in a red mark on Monday amid mixed signals from global markets. This is the fifth consecutive trading session when the market has closed on the red mark.
stock market crash
The process of decline in the stock market continued on Monday. The stock market remained in red mark at 3.30 pm. The Sensex fell 856 points to close at 74,456 points. While the Nifty fell 243 points to close at 22,548 points. Donald Trump’s impact of threatening to impose tariffs led to a huge decline in the stock market today.
Investors lost Rs 5 lakh crore
On Monday, investors suffered a loss of Rs 5 lakh crore due to a huge fall in the stock market. The market capitalization of the total companies listed in BSE declined to Rs 1,200 crore. 397,81,410 crore Rs. Whereas on Friday it was Rs 402,95,043 crore. In this way, the market cap of listed companies has decreased by Rs 5,13,633 crore.
The reason for the decline in the stock market on Monday?
1. Investors today were the most concerned about the possibility of slow growth rate in the American economy and the ongoing selling by foreign investors.
2. HCL in the index has increased pressure on the market due to the decline in shares like HCL Tech, TCS, Infosys and there was a decline in both major index Sensex and Nifty.
3. Another reason for the decline in the market on Monday was concerned about the resolution of Russia-Ukraine war. Russia attacked its largest single drone on Sunday after a full attack on Ukraine began. The war between the two countries began on 24 February 2022.
