Why share market fell today : With the signs of recession in America and the deepening of the Iran-Israel crisis in the Middle East, there was a massive fall in the markets all over the world including India today. Stock markets of America, Japan, Taiwan, Korea and many other countries crashed today. Taiwan’s stock market registered the biggest fall in 57 years today. Japan’s stock exchange fell by almost 13 percent. Japan’s stock market has registered the biggest fall since 1987. At the same time, investors lost about 17 lakh crores of rupees in the Indian stock market. Sensex closed with a fall of 2222 points and Nifty with a fall of 662 points.
Flood of memes on social media
Investors are very disappointed and scared due to this fall in the stock market. On the other hand, social media users have flooded the internet with memes. People are posting different types of posts on Instagram.
Short Term Volatility
Tanvi Kanchan, UAE Business and Strategy Head, Anand Rathi Shares and Stock Brokers, said, “This sell-off is due to short-term volatility. There is no sign of long-term risk in Indian stocks. Investors who are looking to invest in the equity market can take a slow entry in this volatile market.”
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