Stock Market Crash News: While there has been a long -term recession in the stock market, the investors were disappointed and suffered heavy losses due to the huge decline in Sensex and Nifty today. Today, as soon as the stock market opened, it declined by more than 1010 points. Investors were disappointed when the Nifty also declined by more than 320 points and the stock market capitalization declined drastically.
Bank, Auto, IT in all areas
According to the information so far, if we talk about the top losis shares, then the shares of IndusInd Bank, Tech Mahindra, Mahindra, Mahindra, Wipro and HCL Tech have fallen by 5 to 3 per cent and all these shares are trading with losses. Even in such a difficult situation, companies like Coal India, HDFC Bank, Shriram Finance and Grasim have been among the most profitable companies.
Gold price fall
On the other hand, gold prices also declined a major decline. MCX gold prices saw heavy pressure during the session on Friday morning. Today, the gold futures for April 2025 expiry opened at Rs 84,899 per 10 grams and touched an intraday lower level of Rs 84,840 within a few minutes of ringing. The international market also saw heavy selling pressure on gold.
What is the reason behind today’s accident?
US President Donald Trump has announced a tariff against Mexico and Canada from 4 March. While tariffs against China will also be increased. After the announcement, Nvidia shares fell overnight by 8.5 percent. Due to which Nasdaq was also shaken. The effect of which was seen in the Asian market today and now the Indian market is also seeing a decline.
