Stock Market Crash: Market crashes like Corona Time in America, in India

The US stock market has been shocked. Nasdaq fell nearly 6 percent in the US market on Thursday night, while the Dow Jones index saw a decrease of 1600 points or about 4 percent. The S&P 500 also dropped by about 5 percent. This was a major decline in one day on March 16, 2020. However, the Indian stock market has not yet seen such a decline.

In the United States, the Indian market has declined by 965 points at 2.36 pm. The Sensex reached 75,330 points while the Nifty also fell 369 points. The Nifty has dropped to 22,880 points. On the other hand, RIL shares have dropped by more than 4 percent. Reliance Industries’ stock is considered to be a global impact. Where the risk of recession has increased.

On Thursday, April 4, the Indian stock markets saw heavy selling. The Sensex has dropped by 935 points or more than 1 percent in a day to around 75300. The Nifty 50 also fell more than 335, or 1.45%, to 22,910. Four main reasons are being considered for this reduction.

After Trump’s new tariff, China and Canada have also threatened to take revenge. Investors are concerned about this. The United States imposes 26% on Indian goods and 10% import duty on other countries. In response, Canada has imposed a 25% tariff on American vehicles. This has increased the global trade war crisis.

In the United States, the S&P 500 index fell 5% and Nasdaq 5.5%, the largest decline since 2020. Asian markets have also declined. Japan’s Nikki was down 5%, South Korea’s cosmetics fell 5%.

Pharma stocks, IT stocks and auto stocks are seeing huge pressure. Reliance’s stock is also selling heavy. The Nifty IT index fell 2%, the highest decline in coffer and persistent systems. Metal stocks were seen selling.

Inflation is the biggest risk of recession in America. Many experts predict that inflation is going to rise rapidly in the United States as goods coming from other countries will now be available at higher prices. This will increase inflation. The dollar index is also seeing a decline, which is not a good sign for the American economy.

The danger of inflation in the global market has increased after Trump imposed the tariff, which seems to be increasing the risk of recession. Senior economist Brett Ryan, a senior economist at Deutsche Bank, told the news agency that Trump’s tariff could reduce US growth rate by 1-1.5 % this year, which could significantly increase the risk of recession. However, there is currently no such crisis in India. There are good signs for the economy of India.