Stock market: Stock market in loss .. 6 lakh crore rupees UF .. These are the main reasons for decline!

The domestic stock markets were overwhelmed. The market fell for the fourth consecutive day with negative signals from international markets. The stock market ended with a loss on Trading Day this week. Sensex and Nifty have declined. Sensex fell at 548.39 points or 0.70 percent to close at 77,311.80. The Nifty ended at 23,381.60 with a loss of 0.76 percent or 178.35 points.

Tata Steel and Power Grid shares lost more than 3 % in the top 30 indices. Out of 30 shares, 24 shares were lost. Shares of 232 companies in Sensex hit the upper circuit today. 349 companies hit the lower circuit. Shares of Kotak Mahindra Bank, Bharti Airtel, HCL Technologies, ICICI Bank and Tech Mahindra were beneficial. Investors have lost about 6 lakh crore rupees in the price of companies registered in BSE, which is considered rich.

Due to the collapse of the stock market

US President Donald Trump’s announcement of 25 percent new tariff on steel and aluminum imports has increased global trade tension. He also informed that measures can also be taken to take revenge on taxes on import of American goods. They are also considering the occasion of applying medicines, oils and tariffs on semi -circulars. Trump announced 10 percent tariff on Chinese goods coming to the US earlier last week. In response, China is also planning to retaliate.

Indian rupees fell 45 money to 87.95 on Monday. The rupee is under the pressure of strengthening the dollar and sales in the stock market.

The December quarterly results of companies are not fulfilling expectations. This is also a major cause of market collapse. Profits of companies like ITC, Swiggy and NHPC have declined. This weakened the trust of investors. Pressure increased on the stock market.

The tendency to withdraw money from foreign institutional investors (FII) from the Indian market is still going on. In February, foreign investors have sold around Rs 10,179.40 crore. The sale of foreign investors in the domestic market is also due to stock market collapse.

Note: Investment in the stock market is according to risk. Talk to the concerned specialist to know the complete information. And then think about investment.