Global Market Crash: On Monday, markets from all over the world fell in such a way that it will merge directly into the Hades. The tremendous tariff and China’s sharp retaliation by US President Donald Trump shook the stock market of the whole world. China has announced a tax of 34 percent on all the goods coming from the US, which will be applicable from April 10. Its effect was so tremendous that in just two days, a market value of 9 trillion dollars has flew up worldwide.

The worst day of markets in America

The US stock market saw a historic decline on Friday. 6 percent in S&P 500, 5.5 percent in Dow Jones and 5.8 percent in NASDAQ. On Monday, the futures were going down even more. US crude oil prices fell below $ 60 per barrel and the dollar value fell to 145.98 yen.

India is also not left, Sensex-Nifty collapsed

There was chaos in the stock market in India on Monday. The Sensex fell by 2,227 points to close at 73,137.90, while the Nifty fell 743 points to 22,161.60. In the day -long trading, both index had broken up to about 5 per cent, although in the end there was some recovery. Legendary stocks like Tata Steel (-7.78 per cent), L&T (-5.88 per cent), Tata Motors (-5.56 per cent) were beaten badly. The technology sector, which is more dependent on the US, broke up to 7 per cent, and the mid and small cap declined by 4-6 per cent.

Outcry in foreign markets

Japan’s Nikkei 225 fell 7.1 percent, which was the biggest decline of the last several years.

South Korea’s KOSPI fell 5.5 per cent and had to install circuit breakers.

Taiwan’s market fell 9.8 percent, which had to ban short selling.

The market lost 8.5 percent as soon as the market opened in Singapore.

Australia’s ASX 200 fell 6.3 per cent to a 15 -month low.

Saudi Arabia and Gulf Markets also

The Saudi stock market saw a decline of 6.78 percent. The largest after the Kovid period. Aramco’s shares fell 6.2 per cent, causing a loss of $ 133 billion in the company’s market value.

Also read: Goldman Sachs Report: Trump’s tariff bomb will destroy America, Goldman Sachs’s new report blown the whole world’s senses