The entire world’s eyes were on the meeting of US President Donald Trump and Ukrainian President Volodimir Jailonsky. Wall Street was also sitting there watching it carefully. When the initial news came to light, the falling wall street pulled a thick line of anxiety on everyone’s forehead. Later the stock market began to rise and all three index of Wall Street closed with an increase, it showed the indication that the road to the mineral deal between the US and Ukraine has not stopped yet. This means that there may be an agreement between the US and Ukraine in the coming days. Experts believe that signs of edge on Wall Street are very auspicious for all markets of the world. The jump can be seen when the stock market opened after two days of holiday.
The Indian stock market saw a huge decline on Friday before Trump’s threats and Ukraine’s head. Both Sensex and Nifty closed down by nearly two per cent. Due to which the stock market closed down the 5th consecutive month. Which is the first time since 1996. The way Wall Street has seen a boom on Friday, there are clear indications that the Indian stock market can also see a boom on the first business day of the month i.e. March 3. Let us also tell you how the American stock market reacted during a conversation between Jailonski and Trump in the US and how the Indian stock market can respond on the first trading day of March.
When there was a confrontation between Trump and Zelanski
US President Donald Trump on Friday targeted Ukrainian President Volodimir Jailonski during a meeting at the Oval Office on Friday and reprimanded Jelonski for playing with the lives of millions. Trump said that the Ukrainian President’s action could provoke the Third World War. After this, Zelancesi suddenly left the White House without signing the important mineral agreement with the US. Trump had demanded the agreement and said that this is a condition to support Ukraine in future. Trump, Zelansky and delegation were to have lunch, which was arranged outside the cabinet chamber, but the employees were later seen packing salad plates and other items there. Trump, Vice President JD Vance and Jailonski had a conversation for about 45 minutes, with a very hot debate between the three in the last 10 minutes.
US stock market expresses concern
The US stock market also expressed concern after the US President’s anger and Zelanski left the White House. Nasdaq, which opened at 18,477.17 points, soon came to 18,372.99 points. S&P 500 also opened at 5,856.74 points and closed at 5,837.66 points of the day. While Dow Jones also reacted a similar response and opened with 43,259.84 points and fell to the lower level of the heart by 43,100.87. It seemed that the US stock market was going to lay the foundation of a big decline on Friday. But Wall Street had something else in his mind.
Wall Street closed fast
By evening, Wall Street not only recovered from its decline, but also closed with a good speed. Talking about Nasdaq, it closed at 18,847.28 points with a gain of 302 i.e. 1.63 per cent. At the same time, S&P 500 also closed at 5,954.50 points with about 93 points i.e. 1.59 percent. Dow Jones also saw an increase and until the market was closed, it closed at 43,840.91 points with 601.41 points, or 1.39 per cent, at 43,840.91 points. Now the biggest question arose that Wall Street saw such a sign and expectation a ray after a long time after Trump and Jailonski’s meeting?
What indications Wall Street?
Keith Learner, co-integral investment officer of Truest Advisory Services, said the stock market still expects the Ukraine-Russia peace agreement still move forward. Citing foreign media reports, the Learner said that Wall Street has clearly indicated that there may be a mineral deal even after so much stress between Trump and Jailonski. After which the peace agreement between Russia and Ukraine will be easily concluded. On the other hand, focus partners wealth chief market strategist Richard Steinberg said that it is a very emotional time, he warned investors to take any hurry in the market.
The month of February has been very bad for the stock market, as Trump’s impact on the stock market has reduced since the election in November. Consumer spirit has soured. In addition, there has been a decline in megacap tech stocks and the discussion of possible improvement in equity has gained momentum. However, some experts say that the market has seen considerable improvement. Also, if Ukraine wants peace, it will have to compromise with the US. The stock market has also closed with a rapid trend with this expectation. It is clear that the stock market may see a boom in the coming days.
What will be the impact on India’s stock market?
If we talk about the Indian stock market, the kind of expectations Wall Street has expressed. With this hope, India’s stock market can also move forward. This means that the continuation of the continuing decline in the Indian stock market for the last 5 months may be seen to stop in the month of March. If we believe this, then the American stock market has already tested the impact of the meeting between Trump and Zelanski. Also, the kind of figures that have been seen after the market is closed can be positive for the Indian stock market. It is clear that the Indian stock market may see a boom in March.
This decline has continued for the last five months.
The Indian stock market has seen a decline for the last five months. From October to February, the Sensex and Nifty have fallen by more than 13 percent. During this period, investors have lost more than Rs 91 lakh crore. The special thing is that investors have lost Rs 9 lakh crore on the last trading day of February. Looking at the figures, the Bombay Stock Exchange’s major index Sensex on Friday closed at 73,198.10, a decline of 1,414.33 points, or 1.90 per cent. At one time during trading, it fell 1,471.16 points to 73,141.27 points.
The National Stock Exchange (NSE) benchmark index Nifty also continued to fall for the eighth consecutive day and fell 420.35 points or 1.86 percent to close at 22,124.70. Due to this huge decline, the BSE Sensex reached 12,780.15 points or 14.86 percent from its record height 85,978.25 on September 27 last year. At the same time, NSE Nifty has fallen by 4,152.65 points or 15.80 percent from its all -time high level 26,277.35 of 27 September 2024.