By Admin 
Asian stock market: A day earlier due to Trump’s tariff, the biggest decline of about 9 months in the global market, the threat of recession and the possibility of inflation due to trade war showed in the market recovery mode on 8 April. The Sensex saw an increase of about 1200 points. Whereas the Nifty crossed 22500 in early trade with a rise of about 1.5%.
All the fields were seen to improve. In such a situation, the experts believe that the stay in the market has now calmed down and they can rethink the stringent stance on the refund from Trump.
Signs of bad phase over
There were indications of improvement from Australia to Asian market. Japan’s IKKEI index jumped about 6%. Which is a improvement after a major decline of about one and a half years. US President Donald Trump and Japanese Prime Minister Shigeru Ishiba agreed on open trade talks during a phone call. This was followed by an increase of 0.7% in the shares of Blue Chips in China, 1.7% in KOSPI, South Korea and 2.25% in Hong Kong’s Hong SENG index.
While the Jakarta Composite of Indonesia saw a 9% decline, the Vietnam benchmark index went down 5%. Thailand’s SET fell nearly 4 percent, which was the biggest decline since March 2020. Australia’s S&P opened with a gain of 0.1%.
Recovery in the Indian market has occurred after a major decline of one day when the worst day was seen during the last five years. The 30 -share BSE Sensex fell by about 2.95% i.e. 2276.79 points to reach 73137.90 on Monday. While the benchmark index fell 3939.68 points i.e. 5.22% to reach 71,425.01.
The biggest decline of five years
14 lakh crore of investors drowned due to a drastic decline in the local stock market. Smallcap index of small companies on BSE also lost 4.13 percent, while midcap recorded a decline of 3.46 percent. The effect of this all -round decline was that the total market capitalization of companies listed on BSE declined by Rs 14,09,225.71 crore to Rs 3,89,25,660.75 crore ($ 4.54 million) in the same trading session.
However, in the last hour of trading, the loss of investors declined due to purchases at a lower level. The loss of investors in the afternoon business reached Rs 20.16 lakh crore. 3,515 shares listed on BSE declined, while 570 shares rose and there was no change in the price of 140 shares.
Also read: Sensex rises 1200 points after earthquake, Nifty beyond 22500, earning 8.47 lakh crores in 10 seconds