The stock market started unstable on Tuesday. Due to the decline in global markets, the local stock market opened in red mark on Tuesday. At 9.30 am, the Sensex opened with a gain of 10 points. While the Nifty opened at 100 with a gain of 10 points.
What was the market situation on Monday?
Whereas on Monday, March 3, the BSE Sensex index fell 112 points, or 0.15 per cent to close at 73086. While NSE Nifty 50 closed at just 5 points or 0.02 percent from its previous bandh at 22119. Foreign investors (FIIs) continue to sell from Indian stock markets. On Monday, FII invested Rs. Equity of Rs 4,788.29 crore was sold, while DII was Rs. Shares worth Rs 8,790.70 crore were purchased.
What are the signs coming from global markets?
On Tuesday, a decline trend is being seen in global markets. Most of the US stock markets closed down on Monday. Major Wall Street Indcks declined, S&P 500 declined by 1.76 percent, Dow Jones Industrial Average by 1.48 percent and Nasdaq Composite declined by 2.64 percent, causing NVDia’s stocks to fall by more than 8 percent.
Canada announced a counter -tariff on America
US President Donald Trump’s decision to increase tariffs on Canada and Mexico from Tuesday is likely to affect the notion of the stock market today. In response, Canada has also announced a “ventilative” fee on the US with immediate effect.
