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The stock market declined today i.e. April 4. The Sensex is trading at 75,964 levels with a decline of 330 points. At the same time, there is a decline of 140 points in the Nifty, it has come to the level of 23,100.
US market dropped up to 6%
- Asian markets fell by 2.64% in Nikkei, Japan, 1.57% in Korea’s Cupie Index. China’s market is closed today.
- On April 3, the US Dow Jones fell 3.98%) to close at 40,545. The S&P 500 index fell by 4.84%. Nasdaq composite fell 5.97%.
- On April 3, Foreign Investors (FIIs) sold shares worth Rs 2,806 crore. At the same time, domestic investors (DIIs) bought shares worth Rs 221.47 crore.
Three reasons for market decline
- Trump’s reciperook tariff: The US has announced 26% tariffs on India. Apart from India, China will take 34%on European Union, 25%on South Korea, 24%on Japan, 46%on Vietnam and 32%on Taiwan.
- Selling of foreign investors: Foreign Institutional Investors (FII) are constantly withdrawing money from the Indian stock market. This can be a major reason for increasing pressure in the selling market, especially if investors are turning to other markets.
- Economic uncertainty: Investors have decreased due to the possibility of global economic recession and the US GDP falling up to 2.8% in the first quarter of 2025. This is increasing the instability in the stock market.
Yesterday Sensex fell 322 points to close at 76,295
Yesterday i.e. on April 3, the Sensex fell 322 points to close at 76,295. At the same time, the Nifty also fell by 82 points, it closed at 23,250 levels.
Today, IT, auto and banking shares declined. The shares of TCS, HCL Tech and Tech Mahindra broken about 4%. At the same time, the stock of Power and Pharma increased.
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