By Admin 
Stock Market Today: The Indian stock market continues to decline for the second consecutive day. On Wednesday, the Sensex declined by about 300 points. While the Nifty is open below 22450. A day before this, the local stock market came to a halt over the ongoing decline from the last three trading sessions on Tuesday and the BSE Sensex rose by 1,089 points, while NSE’s Nifty increased by 374 points. Amidst the strength in the markets of Asia and Europe, all -round buying at the lower level was in the market. A day earlier, BSE Sensex and NSE Nifty had the biggest decline of 10 months. The BSE Sensex based on thirty stocks closed at 74,227.08 points with a gain of 1,089.18 points, or 1.49 percent.
At one time it climbed to 1,721.49 points during business. 29 shares of Sensex were in profit. The Nifty of the National Stock Exchange also closed at 22,535.85 points with a gain of 374.25 points, or 1.69 percent. During the business, it climbed up to 535.6 points.
The Sensex fell 2,226.79 points i.e. 2.95 percent on Monday, while the Nifty had fallen by 742.85 points, or 3.24 percent, amid concerns about the US’s counter duty. This was the biggest decline of one day in the last 10 months. Mehta Equality Ltd. Senior Vice President of Prashant Tapse said, “The global positive attitude led to a good rise in local standard indices. The concern about the US fee has somewhat away from the fact that most countries will find measures to overcome challenges.
Stir in global market
The trade tension of America and China has been increasing continuously since Trump’s tariff announcement. Its effect is very bad on the global market. The market seems to be getting streamlined. Dow Jones has declined by about 2000 points. While Nasdaq has also come down 2.5%.
Here, the tension between the US and China has increased so much that the White House has even said to collect 107 per cent of additional tariffs on goods imported from China from 9 April. The US announced to take such a tough step at a time when China has refused to remove the 34 percent counter -duty on US goods.
The Asian stock market saw a huge decline on Monday after US President Donald Trump’s tariff was imposed. From Shanghai to Tokyo and Sydney to Hong Kong, the shares of the Asia-Pacific region declined so tremendously on Monday as it was not seen in the previous decades.