Stock Market Crash: Stock Market Crash: Dalal Street which fell due to these 5 reasons.. | Telugu News


Stock market crash

Stock Market Crash: After a period of about a month, the market continued to fluctuate once again. The market, which saw a huge fall on the 4th of last month, did not face any major losses in the middle of the market. But today (July 11) it faced losses once again. Only 10 of the top 30 stocks rose.

Today saw a stock market crash (huge fall in the stock market) after a few days of growth. Sensex fell over 900 points and Nifty-50 fell over 240 points in early trade. However, the Sensex fell 426 points to close at 79,924, while the Nifty closed over 108 points lower at 24,324. Among the top 30 Sensex stocks, only 10 stocks rose. All the remaining shares were in losses.

Shares of Mahindra and Mahindra were the biggest losers at 7 percent. After this, shares like Tata Steel, TCS, SBI ran towards the fall. Bank Nifty also fell 380 points to close at Rs 52,189. Due to such a huge fall, Sensex's market cap is around Rs. 7 lakh crore, which means investors' valuation has come down by about Rs.7 lakh crore.

The biggest decliner among these five stocks

AC maker Blue Star fell over 7 percent, MCX shares fell 4 percent, Bandhan Bank 4 percent, BSE shares 4 percent and Mahindra and Mahindra 6.61 percent. Apart from this, banking sector shares like SBI and PNB also saw a decline.

Reasons for falling stock market

* Nifty has shown a growth of 12 percent since January till now. In such a situation, investors from small cap to mid cap are looking for an opportunity to book profits. Because of this there is a huge decline today.
* Some experts believe Sensex is overvalued at 80,000. Due to this, some large stocks are trading at high valuations. In such situations, investors book from time to time and get profits.
* Many companies are yet to release their June quarter results. Even before this.. investors are adjusting their portfolio. Because experts believe that there is going to be a decline in revenue growth, revenue and margins.
*According to technical experts.. the market is overbought. Investors are short on long positions. Due to this there is a dominance in sales.
* At the same time, Federal Reserve Chairman Jerome Powell's statement also appears due to market declines. He said last night that there is no chance of reducing the rate now.

What happens next?

Financial experts predict that the market will remain stable till the Budget. Until the Center clarifies where the government is going to spend money and what measures it will take regarding the economy, the market is bound to fluctuate.

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