Big Fall in Stock Market: Trump’s tariffs caused a huge drop in the stock market. Sensex fell by 3000 points and Nifty by 900 points. Know the reason behind this fall…
Big Fall in Stock Market: Trump’s tariffs caused a huge drop in the stock market. Sensex fell by 3000 points and Nifty by 900 points. Know the reason behind this fall…
Why Market Crashed Today: Trump’s tariffs have shaken the entire stock market. On Monday, April 7, the Sensex fell by 3000 points to around 72,300, Nifty fell by 900 points. It fell below 22,000. As of 10 am, 30 Sensex stocks are trading in the red. Big companies like Tata Steel or Tata Motors or Infosys are seen under great pressure. Nifty Metal has suffered the most in the sectoral index of NSE. IT, Oil & Gas and Healthcare indices are all in a huge decline. Know the reason behind this…
Stock markets around the world collapsed
Amid the turmoil after Trump’s tariffs, markets around the world have collapsed. In Asian markets, Japan’s Nikkei 225 has fallen by 6%, Korea’s KOSPI by 4.50%, China’s Shanghai Index (SSE Composite Index) by 6.50% and Hong Kong’s Hang Seng Index by 10%. Similar situation has been seen in American markets. On April 3, Dow Jones fell by 3.98%, S&P 500 Index by 4.84% and Nasdaq Composite by 5.97%.
3 biggest reasons for the fall in the stock market
- Trump’s tariff bomb
US President Donald Trump has imposed tariffs all over the world including 26% on India. In this, 46% tariff has been imposed on Vietnam, 34% on China, 25% on South Korea, 24% on Japan and 20% on the European Union. Since then, the stock market has been falling.
- China’s counter-attack on America
In response to America’s reciprocal tariff, China announced a 34% retaliatory tariff on it on Friday, 4 April, which will come into effect from 10 April. Its effect is also being seen on the markets.
- Investors’ confidence shaken
The US tariff will make goods expensive and purchases will decrease, which can affect the growth of the economy. Crude oil prices have also fallen due to low demand. Weak economic signals have created a stir among investors and their confidence is being shaken.
Trigger points in the stock market
- All-round decline in global markets including Asia, Dow, Nasdaq crashed
- Crude near $63, gold below $3000
- Base metals and crypto also declined all around
- US bond yield has reached the lowest level in 7 months
- War of words between Trump and Powell over interest rates
- FIIs (foreign investors) sell off Rs 9,525 crore
- Threat of trade war across the world due to US-China action
