Tremendous selling was seen in the Indian stock market on the morning of Thursday, April 2, 2026. There was panic among investors after US President Donald Trump’s speech on the Middle East conflict. Due to this, both BSE Sensex and NSE Nifty 50 fell by more than 2 percent in early trade. The improvement that was seen in the market on Wednesday completely ended in today’s fall and the market came into the red.
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What was the main reason for such a huge decline in the market?
Market experts believe that Donald Trump’s speech did not show any clear path to end the war or peace. According to market expert Ajay Bagga, there was nothing new in the speech and nothing like ceasefire was said. In this, threats were made to Iran and it was said that ‘Kinetic Action’ would continue. Investors were expecting some big announcement, but old things were presented in a new way, due to which the market was disappointed.
Latest data and expert opinion of Sensex and Nifty
BSE Sensex fell 1518.29 points to the level of 71,616.03. NSE Nifty 50 recorded a huge fall of 462.50 points and stood at 22,216.90. The rise in global crude oil prices further increased the pressure on Indian markets. According to expert Vivek Karwa, market fluctuations are likely to continue. It may take one to two months for the supply chain to be restored.
Earlier on March 23 also, the market had fallen by about 2 percent, when America had warned Iran. Although the market had calmed down a bit after the signal to stop the attacks on oil infrastructure on March 24, but now the latest situation has increased the concern of investors. The ongoing tension in the Middle East may have a direct impact on the earnings of companies in the coming days.