Stock market
There are signs of relief today for stock market investors after tomorrow’s major decline. There is no possibility of a big decline in the market today. The indications that are being received from SGX or Gift Nifty can give a good boom in the market today. Indeed, SGX Nifty, which is an initial indicators of the Indian Equity Index, Sensex and Nifty 50, is trading 321.5 points or 1.44% in early trade on Tuesday 8 April. It is indicating that today the Indian market can see a good boom. Let us tell you that in early trade yesterday, the Sensex closed at 73,1367.90 with a steep decline of 2,226.79 points at the end of the trading at the end of the trading. Similarly, the Nifty also fell 742.85 points to close at the level of 22,161.60.
There is no major decline in the US market
After a major decline on Friday, the American markets closed in the red mark on Monday but there was no major decline. On Monday, Dow Jones Industrial Average fell at 349.26 points or 0.91% to close at 37,965.60. S&P 500 fell at 11.83 points or 0.23% to close at 5,062.25. The Nasdaq Composite saw a slight increase, which rose 15.48 points or 0.10% to 15,603.26. This is indicating that penic in the market has decreased.
Danger of trade war deepening
However, it is not that everything has been cured for markets around the world. There is a crisis of trade war. US President Donald Trump warned that he could increase the tariff on China. Wall Street has been uprooted since the announcement of trump to impose tariffs on all imports in the US late Wednesday. His move to levy a lot of fees on many major countries has created concern among investors about potential long -term impacts on global trade and economy. Due to this, there is a major decline in markets around the world. The risk of increasing inflation and recession in the world has increased.
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