By Admin 
After the last seven days in the Indian stock market, there was a decline on 26 and 27 March. This has been shown so amidst the ongoing uncertainty and profit -booking of investors regarding the announcement of auto tariff from the American tariff and then Trump. Actually, the main reason for the decline in the stock market has been concern about tariffs.
Investors are seeing concerns about the most American tariffs. US President Donald Trump has said that on 2 April, like Mukti Day, on this day, many big tariff decisions have been announced. It is believed that during this time they can announce the imposition of retaliation tax on many countries.
President Trump said that some countries can get exemption in it. But not most countries. This statement of Trump has increased the huge uncertainty among investors. This move of America can affect global trade and it will also see pressure on the Indian market.
profits
The second reason is profit booking. After seven consecutive days of rise, investors opted for profit booking at a high level on 26 March. This saw a decline in the Indian stock market. Srikanth Chauhan, Equity Research Head of Kotak Securities, said that after the recent bounce in the market, now profits are being seen at high levels. However, the market’s short term structure still remains strong. & Nbsp;
rupee weakness
Earlier, the Indian rupee fell 6 paise to 85.78 against the dollar on March 26 in the initial market. Experts at the currency market said that the pressure on the rupee has increased due to stability in the stock market, strengthening of the dollar index and increasing demand of dollar at the end of the month.
Earlier on Tuesday, the rupee broke the series of seven consecutive days and 11 paise had closed at 85.72 per dollar. & Nbsp; Anand James, the Chief Market Strategist of Jiojit Investment, said the 23600 levels helped prevent the decline of the first market. But now evening star pattern is becoming. & Nbsp;