Share Market News: The domestic stock markets Sensex and Nifty declined by nearly five percent in the afternoon trading on Monday. Investors have increased panic due to fear of economic growth affecting the world amidst US President Donald Trump’s fee and China’s possibility of business war.
Meanwhile, Samajwadi Party national president Akhilesh Yadav has commented on the latest development. Akhilesh wrote on social media site X- Dear investors
Today, the stock market declines by about 19 lakh crores in a day, a gesture of Greatness for the Indian economy.
Kannauj MP wrote- The BJP government has emptied the pockets of the countrymen not only inflation and corruption, but now the stock market has vacated the pockets of the countrymen. The public is not forgotten that these are the same people who had seduced the general public in an illegal manner to invest money in the stock while in constitutional positions. There is no sympathy for investors in the hearts of heartless middlemen who earn money from every purchase of stock.
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The SP Chief wrote- We had warned earlier too, today it is again doing that the common investors should not be a victim of middle class and young class showy greed, be patient and also pay attention to their hard earned money.
Explain that BSE Sensex was down by 3,939.68 points or 5.22 percent in early trade at 71,425.01 points and NSE Nifty slipped 1,160.8 points or 5.06 percent to 21,743.65 points. In the afternoon trading, the Sensex fell at 7,205.31 points or 4.25 percent to 72,159.38 and the Nifty fell 1,038.95 points or 4.54 per cent to trade at 21,865.50. The shares of all 30 companies involved in the Sensex declined. Tata Steel shares lost more than nine percent and Tata Motors shares lost more than eight percent.