Indian benchmark indicators rapidly opened when volatility increased, U.S. Reflecting the Global Risk-Sent F sentiment in the fear of trade tensions and recession, the Sensex crashed over 3,900 points, while the Nifty fell below 22,000 marks in the initial trade, weighing through wide-based sales.
All main regional indices were red. The Nifty metal sinked 8%, the Nifty dropped more than 7%, while auto, realty and oil and gas dropped more than 5%. In the wider market, small-cap and mid-cap indicators fell 10% and 7.3%, respectively.
Also read: stock market crash: 19 lakh crore was destroyed because the Sensex starts with 3,000-pt cuts, Nifty below 21,800.
Meanwhile, Federal Reserve Chair Jerome Powell said on Friday that Trump’s new tariffs were “bigger than expected” and could have a significant impact on both inflation and economic development, adding uncertainty to the US view.
On Friday, Nasdaq officially entered the bear market, while commodity prices also fell. Brent crude fell 6.5%, WTI 7.4%, gold and silver 7.3%in the rising danger of global demand.
Asian equity hit the initial trade, Japan’s Nikkei was 7%, South Korea’s Kospy 5%, and China’s Blue-Chip Index lost about 7%. The Hang Seng Index fell more than 10.5%. US Futures Extended Damage – Nasdek futures have dropped 4%, while the S&P 500 futures were down 3.1%. European futures also trade in red.
Also Read: Wall Street’s old man VN Run Buffett made $ 13 billion while billionaire losing billions of market crash
“Global markets are experiencing intense volatility due to extreme uncertainty. No one has clear how this instability arises through Trump’s tariffs. During this unstable phase ‘waiting and Watch Ch’ approach can be the best strategy.
“Investors should keep in mind. There are some things. One, irrational Trump tariffs are unlikely to continue for a long time. Two, India is in a relatively better position – only 2% of US exports were about 2% of GDP, so India’s growth will be limited.
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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