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Stock Market Crash Due To Sell Off Today Here Know Which Three Main Reasons For Fall Sensex Nifty

Business Desk, Amar Ujala, New Delhi

Published by: Deepak Chaturvedi
Updated Fri, 26 Nov 2021 12:59 PM IST

Summary

Stock Market Crash Today: Selling is seen dominating today in the market which started on the red mark. Due to this, the 30-share Sensex of BSE fell 1460 points and reached the low level of the day. If we look at the reasons for the fall, there were three main reasons for the fall in the market including selling on the last day of trading.

Once again there is a huge movement in the stock market. Selling is seen dominating today in the market which started on the red mark. Due to this, the 30-share Sensex of BSE fell 1460 points and reached the low level of the day. Similarly, there has been a tremendous decline in the Nifty index of NSE. It broke down to 400 in Nifty. At present, the Sensex is trading at 57,423.55, down 1381.82 points or 2.33 per cent, while the Nifty is trading at 17141.20, down 395.05 points or 2.27 per cent. Meanwhile, if we look at the reasons for the fall, then there were three main reasons for the decline in the market on the last day of trading.

new variant of covid-19
A new variant of the corona virus has been found in South Africa. After the variant came to the fore, the Health Secretary to the Government of India has issued instructions that all international travelers coming to India should be intensively tested for corona. Its impact is also directly visible on investors and they are scared amidst reports of tightening of restrictions in many countries of Europe.

selling of foreign investors
According to data available with the National Stock Exchange (NSE), foreign portfolio investors (FPIs) have sold around Rs 2,300.65 crore in the domestic market. This selling of FPIs is more than that of domestic institutional investors. Heavy selling has weighed on investor sentiments and dampened their enthusiasm. Its effect is visible in the form of a fall in the stock market.

Weakness in Asian markets
The decline in all Asian markets is continuing, its effect is also being seen on the domestic market. SGX Nifty, Nikkei, Strait Times, Hang Seng, Taiwan Weighted, Kospi, Shanghai Composite all lost 1 to 2 per cent. Tokyo’s Nekkei 225 fell three per cent and Hong Kong’s Heng Seng fell 2.1 per cent. The Indian government has also directed states to strictly screen and test travelers arriving from South Africa, Botswana and Hong Kong. Due to this reason, earthquake is also being seen in the domestic market.

Expansion

Once again there is a huge movement in the stock market. Selling is seen dominating today in the market which started on the red mark. Due to this, the 30-share Sensex of BSE fell 1460 points and reached the low level of the day. Similarly, there has been a tremendous decline in the Nifty index of NSE. It broke down to 400 in Nifty. At present, the Sensex is trading at 57,423.55, down 1381.82 points or 2.33 per cent, while the Nifty is trading at 17141.20, down 395.05 points or 2.27 per cent. Meanwhile, if we look at the reasons for the fall, then there were three main reasons for the decline in the market on the last day of trading.

new variant of covid-19

A new variant of the corona virus has been found in South Africa. After the variant came to the fore, the Health Secretary to the Government of India has issued instructions that all international travelers coming to India should be intensively tested for corona. Its impact is also directly visible on investors and they are scared amidst reports of tightening of restrictions in many countries of Europe.

selling of foreign investors

According to data available with the National Stock Exchange (NSE), foreign portfolio investors (FPIs) have sold around Rs 2,300.65 crore in the domestic market. This selling by FPIs is more than the buying by domestic institutional investors. Heavy selling has weighed on investor sentiments and dampened their enthusiasm. Its effect is visible in the form of a fall in the stock market.

Weakness in Asian markets

The decline in all Asian markets is continuing, its effect is also being seen on the domestic market. SGX Nifty, Nikkei, Strait Times, Hang Seng, Taiwan Weighted, Kospi, Shanghai Composite all lost 1 to 2 per cent. Tokyo’s Nekkei 225 fell three per cent and Hong Kong’s Heng Seng fell 2.1 per cent. The Indian government has also directed states to strictly screen and test travelers arriving from South Africa, Botswana and Hong Kong. Due to this reason, earthquake is also being seen in the domestic market.

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