Indian share market: After the decisions for the government to improve GST rates, the Indian stock market may have seen a boom in early trade on Wednesday, but the reality is that the performance of the Indian stock market has been much worse than many other markets last year. During this time it has declined by 2 percent.
This situation in the Indian stock market is even more serious than neighboring countries like Pakistan and China as the stock markets here have not only gained double digits, but are also top in the best performing stock markets.
Today, after the announcement of GST rate cuts on Wednesday, the Sensex jumped up to 1 percent on September 4, but its 30 -share Sensex in the last one year has been in continuous losses. Whereas during this time there was an increase of up to 95 percent in other markets of the world. Now the question comes that why India is at the bottom of about 20 stock markets around the world?
Amazing bounce in Asian markets
Where the KSE 100 index of the Pakistani stock market has given a spectacular return of 95 percent in the last one year, which has made a tremendous profit to investors. According to the data from the upperberg, the KSE 100 index is up 94.44 percent.
Canada’s TSX Composite has climbed up to 25 percent. Along with this, in the last one year, Nikkei of Japan has been up to 15 percent, Britain’s FTSE Index 11 percent and Brazil’s Boospa index 3 percent. The US stock market has also gained a 1 percent lead.
Why the Indian stock market declined?
Experts say that these three major reasons are responsible for the poor performance of the Indian stock market. Of these, the effect of American tariff is the highest. In the last two -three quarters, there has been a decrease in income of companies in India. Due to this, foreign investors sold many Indian shares.
The second thing is that due to tariff war in America, the matter has become more complicated. According to The Mint’s report, G Chokkalingam, founder and CEO of Equinomics Research, said, “Initially Tariff War impressed all markets, but in the second phase it only had more impact on India.”
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