Stock Market Crash: A huge decline is being seen in the Indian stock market on the trading day of Thursday, April 2. Major benchmark indices BSE Sensex and NSE Nifty 50 opened trading in the red.

By around 12:30 pm the Sensex had fallen by 1300 points. At the same time, Nifty 50 had slipped 415 points. Investors had to suffer huge losses due to this decline that occurred at the very beginning of the business. Let us know in detail about the loss suffered by investors and the reason behind this decline…

Swaha 10 lakh crore rupees

The impact of the decline in the stock market was clearly visible on investors. Where it had to suffer a loss of about Rs 10 lakh crore in the initial business itself. The total market cap of companies listed on BSE came down to about Rs 412 lakh crore. Due to which investors have suffered huge losses.

Stock market declined due to these reasons

1. The decline in the stock market is being linked to the latest statement of US President Donald Trump. Trump has once again indicated increasing tension regarding the Middle East. Due to which the turmoil in the global markets has intensified.

He indicated that there could be a major attack on Iran in the coming few weeks. Due to which the fear of increasing global uncertainty has spoiled the mood of the market.

2. For the last few days, foreign investors have been continuously staying away from the Indian market. According to the latest data, foreign investors sold on Wednesday’s trading day also.

During this period, about Rs 8,331 crore was withdrawn. Foreign investors have been withdrawing money from the stock market for 22 consecutive trading sessions. Because of which the stock market is not getting support.

3. The prices of Brent crude also registered an increase of more than 6 percent on Thursday. Prices reached around $107 per barrel. At the same time, American WTI crude also jumped by more than 5 percent and crossed $ 105 per barrel. Investors’ confidence has been shaken due to the rise in crude oil prices.

4. The market also registered a decline due to signals from global markets. Asian markets including domestic markets fell. Japan’s Nikkei fell more than 2 percent. At the same time, South Korea’s Kospi recorded a decline of more than 4 percent.

Apart from this, the markets of China and Hong Kong also slipped by more than 1 percent. Because of these signals, investors have taken cautious decisions. Due to which this weakness is visible in the stock market.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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