US Stock Market Crash: The latest developments related to Trump tariffs had a heavy impact on the American markets and a sharp decline was seen on Wall Street. Heavy fall in Wall Street Dow Jones Industrial Average first fell by 771.92 points and finally closed with a fall of 824 points. Nasdaq Composite fell 326.07 points to 22,560.79. The S&P 500 fell 79.72 points to close at 6,829.79.

Why the chaos in the American market?

Analysts believe that uncertainty over tariffs and potential trade tensions increased investor nervousness, leading to widespread selling. Turn towards safe investment: Amidst the huge fall in the stock market, investors turned to safe investment options.

Gold jumped nearly 2 percent to $5,200 an ounce, indicating demand for safe haven. At the same time, in the cryptocurrency market, Bitcoin was seen trading at the level of around $66,000. Uncertainty over tariffs has increased volatility in global financial markets, and investors are currently adopting a cautious stance.

Why uncertainty in the market

The major reason for the latest decline in the American market is believed to be President Donald Trump’s announcement of imposing 15 percent global tariff. The relief and boom that was seen in the market after the decision of the Supreme Court of the United States, was completely overturned by Trump’s new announcement. Investors fear that widespread tariffs will increase prices of imported goods, which could put pressure on inflation and corporate costs. This is the reason why the market sentiment suddenly became negative.

It is being told that Trump has used Section 122 of the Trade Act of 1974 to impose 15 percent global tariff on countries around the world. Crude oil prices have also increased due to increasing tension between America and Iran. West Texas Intermediate (WTI) is trading at $ 66.99 per barrel, up 0.77 percent. Brent Crude rose 0.71 percent to $ 71.16 per barrel. This surge in oil prices may further increase the concern of global inflation, due to which there is a possibility of instability in the stock markets.

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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.)

Hathway Cable and Datacom Ltd.: The stock market is a game of possibilities and is full of risk. But there is a saying no risk. This thing is absolutely accurate in the stock market. But if your bet is placed in the right place, then your luck can change overnight. Yes, after the result of the first quarter of the stock we are talking about, its stock has seen a rise of 13 percent.

Hathaway Cable and Datacom Limited’s financial year 2025-26’s first quarter consolidated (consolidated) net profit (net profit) rose by about 69 percent to Rs 31.03 crore, which was Rs 18.37 crore during the first quarter of the financial year 2024-25.

69 percent profit increased in the first quarter

The major reason for the bounce in the net profit of this company is to improve operational performance. During the financial year 2025-26, the early tax profit was Rs 40.28 crore, which is about 60 percent more than the same period last year. The earlier profit in the first quarter during the financial year 2024-25 was Rs 25.29 crore.

In the month of July last year, the price of shares of Hathway Cable and Detacom reached a year i.e. 52 weeks highest level to Rs 25.66. After one year, there has been a tremendous decline in it. This year, the price of this stock went to the lowest level of one year and reached 11.92.

Share prices climbing since April

However, since April, once again the price of shares of Hathaway Cable and Datacom is climbing up. On Wednesday 16 July, the company’s shares opened on BSE at Rs 16.10, which closed at 15.77 levels a day earlier. That is, the stock saw a jump of 2 percent. After this, its stock reached the highest level of Rs 17.95 in Intra Day, which is about 13 percent.

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Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)