By Admin 
Share Market Updates: The trend of decline in the stock market continues even today on 12th January. Indian benchmark indices opened with losses in early trade. Sensex slipped 0.17 percent and opened at 83,433.30, while Nifty Bank opened trading at 25,669 with a fall of 0.06 percent.
Why is the market faltering?
According to the report of The Financial Express, Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments, said, “The market has become quite weak, which is under pressure from India-related and global geopolitical events. The ongoing drama regarding the US-India trade deal is becoming more complicated with the strange comments of the US President. This is having an impact on the market. Geopolitical developments in Venezuela, Iran The markets are also watching Trump’s threats regarding the crisis with concern. This has led to a rise in the India Volatility Index (VIX), indicating greater volatility ahead.”
He further said, “There is no decision on Trump tariffs from the US Supreme Court on Friday; there is no clarity on when it will happen. However, it can happen any time so investors will have to keep an eye on the developments on this front. Apart from this, Q3 results and management commentary from tech companies and banking and big companies like RIL will influence the market trend in the short term.”
How is the condition of Asian markets?
Asian markets started trading on the first day of the week on a positive note. During this period, Australia’s S&P/ASX 200 is trading up by 0.71 percent. At the same time, South Korea’s Kospi also gained 0.83 percent, while Kosdaq index rose 0.4 percent. Meanwhile, Japan’s market is closed due to national holiday.
US market trading
On Friday, January 9, US equity benchmarks closed with gains. During this period, all three major indexes managed to reach record levels. The S&P 500 closed 0.65 percent higher at 6,966.28, which was its highest intraday level so far. The Nasdaq Composite gained 0.81 percent to 23,671.35, while the Dow Jones Industrial Average jumped 237.96 points, or 0.48 percent, to close at a new record high of 49,504.07.
us dollar
The US Dollar Index (DXY) fell 0.01 percent on Monday morning to a one-month high of 99.13. Earlier on January 09, the rupee strengthened by 0.14 percent and closed at 90.17 against the dollar. This index measures the strength or weakness of the US dollar against the other major currencies included in the basket, the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc.
price of crude oil
Oil prices remained largely stable on Monday amid intensified protests in Iran as investors eyed a possible disruption in oil supplies from Iran, an OPEC member country, and supplies from Venezuela with US approval. Crude oil prices rose in early trade on Friday, with US benchmark WTI rising 0.49 per cent to $59.41 per barrel, while Brent crude was seen trading 0.41 per cent higher at around $63.62 per barrel.
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