Global Trade Tariff War : Investors lost 18 lakh Crore In 10 Minutes

The stock market has stopped with a big decline today. On Monday, the stock market has seen a big bracket. The Sensex has died over 2600 points when now the stock market red sign has closed 3.30 pm. Sensex 2043 points broken down to 73,321. While Nifty broke 742 points, 22,242 closed.

Global Trade Tariff Battle : Exchange opened with more than 3000 points

Investors have great damage due to large reduction in the Indian stock market on Monday. With the opening of the market, the market cap of listed companies dropped to Rs. 3,86,01,961 lakh crore. On Friday it was 404,09,600 million crores. In this way, in 10 minutes of opening the market, investors’ wealth declined by Rs 18,07,639 crore.
When the market opened, the Sensex with 30 shares of the Bombay Stock Exchange opened with more than 3000 points, the Nifty of the Natal Stock Exchange also started the business with a reduction of more than 1000 points. Shares up to Tata Motors to Mazegav Dock quickly diminished in the early business.

Sensex-Nifty opening with the opening: Global Trade Tariff War

In the beginning of the trading in the stock market, BSE Sensex fell badly compared to its previous 75,364.69 and opened at 71,449 levels, while NSE Nifty compared its previous 22,904 Started trading on 21758. After this, both indices began more slip in short times, where Nifty-50 points dropped to 21,743, while the Sensex was traded at 71,425 levels.

Last week, the sharp decline was seen: Global trade tariff war

Last week, the stock market has seen a huge decline. The estimates can be estimated from the fact that 9 of the top 10 companies of the Sensex jointly in the market cap of the companies. Over 2.94 lakh crore, and TCS from TCS to Mukesh Ambani Reliance had to suffer heavy losses. Last Friday, BSE’s Sensex closed at 75,364.69 with 930.67 points or decline of 1.22%, while NSE Nifty with 345.65 points or decrease of 1.49% was closed on 22,904.45.

This desire was already seen: Global trade tariff war

On Monday, there were already weak global signs for the Indian stock market. In fact, the Asian stock exchanges saw a huge decline. Hong Kong was more than 9 percent, while Japan’s Nikki was more than 8 percent down. Meanwhile, if we talk about Gift Nifty, it was more than 900 points in the beginning trade. Other Asian markets also decreased by 4-5%.

What is the cause of the stock market decline today? Global trade tariff war

1. The US President Donald Trump imposed 54% tariffs on Chinese exports. In response, Beijing imposed 34% tariff on all US imports.

2. Analysts believe that tariff policy can increase inflation in America. This will weaken demand and increase the risk of recession. Bernsteen said that the tariff is significant, about 60 percent of the affected imports are now facing more than 20 percent of duty.

3. After reaching the global trade war, the purchase of Indian equity has been reformed by global funds after reaching the extremes. Foreign institutional investors (FII) have been a net seller from the last five trading sessions. This year, this year has been outflowed of 1.5 trillion. During this same period, local institutional investors bought shares of ₹ 1.93 lakh crore.

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