By Admin 
Stock Market Crash: The Indian stock market has seen a big decline after the initial lead on Friday, 25 April, on the last trading day of the week. The centers fell about one thousand points to a level of 78,800, while on the other hand the Nifty slipped 335 points to reach the level of 23,908. Due to this decline in the market, there is a possibility of heavy loss of about Rs 10 lakh crore.
However, talking about the global stock market, the stock markets from America to Japan saw strength. In such a situation, the question is arising that what was the reason behind such a decline in the Indian market, let us know in these three points-
1. Increased tension in India
On 22 April, Indian tourists were targeted and attacked in Pahalgam in Jammu and Kashmir. This was such a big incident in the last 2 decades, when 26 people were killed in this way. The Central Government also called an all -party meeting on this matter on Thursday. The security agency has found its direct connection from across the border in its investigation. After this, the way India has announced to break the Indus Water Treaty by taking action. This is the first time India has officially stopped the Indus Water Treaty despite many years of political tension and conflict between the two countries. In such a situation, the question arises that what is this Indus water will be used? In fact, the Indus Water Treaty was signed after years of talks between India and Pakistan in 1960 and the World Bank served as an intermediary. It has had a negative impact in the market of both countries.
This is the first time that India did not take such a step despite fighting for so many years, which has been taken this time. India has officially prevented the Indus Water Treaty despite many years of political tension and conflict between the two countries. In such a situation, the question arises that what is this Indus water will be used? In fact, the Indus Water Treaty was signed after years of talks between India and Pakistan in 1960 and the World Bank served as an intermediary.
A day ago in Pakistan, on Thursday, the Karachi Stock Exchange saw a decline of more than 2 thousand points. Here, on the other hand, Pakistan has also retaliated and announced to ban all kinds of business with India. Due to this fear among investors, the stock market has crashed in this way.
2. Trend of foreign investors
Another reason for the decline in the stock market is that the results of the March quarter have started coming and the results of many companies have not been expected as the market. Because of this, where their shares are slipping, on the other hand, foreign investors are also seen changing their strategy and are withdrawing money from the market. Because of this, this situation of the market is visible today.
3. Profit booking
Apart from this, one of the reasons for the market collapse is that the Indian stock market saw a rise of seven consecutive days till April 23. After that the market was sluggish on 24 April. In such a situation, many investors are now trying to buy profits at this high level, due to which there is a decline in the stock market. Talking about global markets, Wall Street saw a great lead. This gave positive indications in Asian markets. South Korea’s shares saw a jump. While Nikkei of Japan climbed up 1.23 percent, South Korea’s cospie slipped down 0.63 percent.
S&P increased by 2.03%. Nasdaq composite 2.74 percent, while Dou Jones climbed up with 1.23 percent. According to reports, Federal Reserve officials say that if there is clear evidence about the direction of Economy, they can consider cuts in rates early in June. The Taiwan market was trading at a level of 19,880.39 over 2% while Hangseng was trading at a level of 22,256.11 with a rise of 1.55%.
Also read: Sensex hit 30 points amidst strength in global market, Nifty crossed 24,300