Stock Market Crash: A huge decline is being seen in the Indian stock market on the fourth trading session of the week, Thursday, October 30. Both the major indexes are trading in the red. There has been an earthquake in the BSE Sensex index of 30 shares. At around 2:45 pm, the Sensex was trading at 84,432, down 564 points. At the same time, NSE Nifty 50 was also trading 155 points down at 25,898. During this period, only 7 shares from BSE basket were trading with green mark. Whereas 23 shares had turned red.

Talking about the top loser, shares of Bharti Airtel fell by 1.81 percent. At the same time, shares of Power Grid were also trading with a decline of 1.42 percent. A huge decline is being seen in the shares of Nifty 50, Nifty Bank, Nifty Smallcap, Nifty Auto, Nifty FMCG, Nifty IT.

Market experts believe that the main reason behind this decline could be the selling of foreign investors, interest cut by the US central bank Federal Reserve and the ongoing instability at the global level.

The main reason for the ongoing decline in the market

1. Foreign investors did not show confidence in the Indian stock market on Thursday and sold heavily. Due to this the stock market turned red. Talking about the last few days, most of the foreign institutional investors have withdrawn money from the Indian market. Foreign investors have sold shares worth Rs 2,540.16 crore on net.

2. The US central bank Federal Reserve has announced a cut in its key interest rates by 0.25 percent on October 29. Also, Fed Chairman Jerome Powell has adopted a cautious approach towards this step. Which had an impact on the markets of the whole world including Indian. Investors took less risk in emerging markets after this decision of the Fed. Due to which a decline was recorded in the stock market.

3. According to India VIX report, there may be fluctuations in the stock market. The impact of this report was also seen on today’s market.

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Share Market: After Black Mande, the stock market returned on Tuesday. All the Sectoral Index was seen to have a lot of shopping, but with this we can we say that the bad phase of the stock market is over? Is this rally of recovery in the global stock market sustainable? Blackrock CEO Larry Fink warned on this and said that do not raise your expectations! He said that there is a possibility of further decline in the market.

Fink prediction over 20 percent decline

Larry warned that there may be a decline of 20 more percent in the stock market as the economy is shrinking due to American tariffs. There is concern among investors about this. According to a report by Reuters, Fink said at the Economic Club in New York on Monday, “Most of whom I spoke to the CEO say that we are probably in a recession.”

He said that due to tariff, the prices of things will increase, which will increase inflation. Despite this, the CEO of the world’s largest asset management firm said that after the announcement of the tariff on Wednesday, it is not the reason for selling the decline in the stock market, but also presents favorable possibilities for long -term investment. However, this does not mean that we cannot fall down 20 % from here.

The sharp boom in the stock market on Tuesday

Let us know that investors suffered tremendous loss due to the sharp decline in the Indian stock market on Monday. The Sensex declined by around 4,000 points and went below 71,500 points. The Nifty also dropped 1000 points. At the same time, on Tuesday, there was a boom in early trade. Amidst all -round purchases, the situation was that in just 10 seconds, investors earned Rs 8.47 lakh crore. The S&P 500 index also increased by 0.9 percent on Tuesday.

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