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Stock Market Today: There has been chaos in the stock market on Tuesday. This is because the Sensex-Nifty has seen a strong decline due to the tariff of President Dolald Trump to be implemented from April 2.
Stock Market Today : Tuesday means that today there has been a stir as soon as the stock market opens. Within an hour, the 30 -share Sensex of the Bombay Stock Exchange broke more than 1000 points, while the National Stock Exchange’s Nifty was also seen trading by more than 200 points. Apart from this, many stocks have seen a decline. This decline in the market has been seen a day before the tariff of US President Dolald Trump was implemented.
Bad start of markets
The trading started with the Red Zone in the stock market on Tuesday. The BSE Sensex slipped to 76,882.58 compared to its previous closed 77,414.92. After this, this figure broke over 1000 points during the decline and one hour of business. At the same time, the BSE Sensex was trading around 76,310 with a decline of 1,112.74 points or 1.43 percent around 11 am. Like the Sensex, the Nifty also broke badly to 23,341.10 as compared to 23,519.35, as compared to its previous closed 23,519.35 and started trading at a level of 23,238.20, taking a decline of 281.15 points in a short time.
The condition of these shares is the most
Amidst the strong decline in the stock market, there are some shares which have reached their lower level with the highest sliding. Among them were Bajaj Finserv shares (3.04%), Infosys shares (3.03%), HDFC Bank Share (2.71%), Bajaj Finance Share (2.52%), HCL Tech Shares (2.30%), Axis Bank Share (2.10%). On the other hand, TCS shares (2%), Sunpharma shares (1.80%), Tech Mahindra Share (1.65%) and TITAN share (1.60%) are also included. At the same time, during this time, the shares of Vodafone Idea have seen a huge rise. During this time, these shares have increased by 22 percent.
Will the tariff be taken from tomorrow?
Significantly, US President Dolald Trump is going to impose tariffs on many countries including India from tomorrow i.e. 2 April. Due to this tariff, the tension of the market is increasing. Please tell here that when there was an Eid holiday in the Indian stock market on Monday, the fear of tariff was clearly seen in the Asian markets.
After all, what is this reciperook tariff?
There is a need to understand what this recipe is the tariff between Global Trade War? Because of which President Donald Trump is taking such a strict stand towards many other countries including India. Let us tell you that tariffs are called taxes, which are imposed on imported goods from any other country on behalf of any country. This means that the country which imposes American goods, America will also put the same tariff on the goods of that country. Trump had mentioned the reciperook tariff, which Trump has now started applying to countries.
Also read: These big changes are happening from the first date of April, know what will be cheap and what will be expensive?
