Stock market Crash Today : The Indian stock market continues its downward trend. Persistent global risk aversion, continuous selling by foreign funds, and mixed earnings signals led to further declines in the Indian stock market today. By 9:30 AM, Sensex had fallen 168 points or 0.20 percent to 82,012, and Nifty had dropped 28 points or 0.11 percent to 25,204.
Stock market Crash Today
Major broad market indices performed in line with the benchmark indices, with the Nifty Mid-cap 100 declining by 0.18 percent and the Nifty Small-cap 100 falling by 0.11 percent. Sectorally, the indices showed mixed trends, with the Nifty Metal and Pharma sectors performing strongly, rising by 0.83 percent and 0.86 percent respectively. The IT and Chemical sectors witnessed significant declines, falling by 0.81 percent and 1.21 percent.
Why market is down today? Expert on Stock Market
Analysts say that the sell-off in US markets amid new threats from Trump regarding Greenland is understandable if investors are adopting a risk-averse approach. If investors were simply moving towards safe-haven assets, bond prices would have risen. Instead, they fell on Tuesday, pushing yields to their highest level since August. Greenland’s Prime Minister Jens-Frederik Nielsen on Tuesday urged residents to begin preparing for a potential military invasion by the US, although he also said such a scenario was unlikely.
Asian Market Today
In Asian markets, China’s Shanghai Composite index rose 0.36 percent, the Shenzhen index rose 1.03 percent, while Japan’s Nikkei index fell 0.56 percent and Hong Kong’s Hang Seng index registered a 0.18 percent decline. South Korea’s KOSPI index was down 0.36 percent. US markets closed lower in the last trading session, with the Nasdaq falling 2.39 percent. The S&P 500 declined 2.06 percent and the Dow Jones fell 1.76 percent.
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