Stock market
US President Donald Trump’s Tariff War is the first victim American market. On Friday, S&P 500 declined by 6 percent. At the same time, Dow Jones Industrial Average fell 2,231 points and Nasdaq -948.58 points fell to 15,602.03 points. This was the biggest decline in the US stock market after the Kovid-19 epidemic. Now everyone’s eyes are on the Indian market. When the Indian market opens on Monday, will there be a similar decline or the picture will be something else.
The stock market expert says that this week, there can be a lot of ups and downs in the local stock markets. Experts say that on the one hand investors are assessing a widespread impact on global trade and inflation of fees levied by US President Donald Trump, while there is also a meeting of the Monetary Policy Committee of the Reserve Bank of India (RBI) during the week. Apart from this, inflation figures are also coming from the US. All these developments will play an important role in giving direction to the market. According to experts, investors suspect that a complete trade war will affect global trade and economic growth. The stock markets will be closed on Thursday on the occasion of ‘Shri Mahavir Jayanti’.
The market is going to be full of ups and downs
Master Trust Group Director Puneet Singhania said that this week is going to be fluctuating for global and Indian markets, as US President Trump has imposed a fee on various countries of the world, which has increased the possibility of comprehensive trade war and global economic recession. Singhania said, “The details of the US inflation figures and the Federal Open Market Committee (FOMC) meeting will also be released during the week.” The local stock market on Friday came down due to weak global attitude and fears of trade war. He said that the results of RBI’s monetary review meeting will come on the domestic front this week. Apart from this, India’s industrial and manufacturing production figures are also to come.
Selling dominates in the market beforehand
The US stock market had fallen by nearly six percent on Friday, which had been the worst week for the market since 2020. Singhania said that China’s Consumer Price Index (CPI) figures for March will be released on Thursday and the GDP of Britain on Friday. Last week, the 30 -share Sensex of BSE came down 2,050.23 points or 2.64 percent. At the same time, the Nifty of the National Stock Exchange was in a loss of 614.8 points or 2.61 percent.
Ever watching inflation figures
Motilal Oswal Financial Services chief-funding, Estate Management Siddharth Khemka said that this week there is a possibility of a lot of ups and downs in the Indian market amid the possibility of anxiety of American counter-duty and the possibility of an announcement of field-based special fees. Apart from this, he said, the results of the RBI Monetary Policy Committee meeting will be announced on April 9. The market is expecting a quarter percent reduction in repo rate. The fourth quarter results of companies with Tata Consultancy Services (TCS) will begin on 10 April. ”He said that in addition, investors will also monitor the figures of the March and India’s March Consumer Price Index based inflation to be released this week.
Foreign investors became selling
VK Vijaykumar, the chief investment strategist at Jiojit Investment Limited, said, “The stance of foreign portfolio investors (FPIs) in March has changed in April and they have been sold again. There has also been a major change in global markets after President Trump’s declaration of counter -duty on April 2. “He said,” The counter duty is much more than expected. Most countries are expected to increase inflation in the US due to major retaliation. There is also a concern that it may cause a slowdown in the US economy. ‘
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