00:00The new financial year has begun today and as we have seen in March, the Indian market has recovered, but today the new financial year has started with a fall.
00:14Sensex and Nifty have fallen by more than 1% as soon as the market opened on April 1.
00:19The American President Donald Trump's proposed tariff announcement has created a fear in the market.
00:25The highest fall is being seen in IT shares and around 11.05 am, BSE Sensex fell by 1,106.23 points i.e. 1.43% to reach the neutral level of 76,308.92.
00:40If we talk about Nifty, it has also fallen by 243.25 points i.e. 1.03% to reach 23,276.10.
00:50The total market value of listed companies in BSE has decreased by 3 lakh crores to 409.81 crores.
00:57Infosys, Tata Consultancy Services, Bajaj Finance, HDFC Bank, Axis Bank, Bajaj Finance, HCL Tech and Maruti Suzuki's shares are falling the most.
01:08Let's know what are the three major reasons behind today's fall in the share market.
01:12The first is Trump's plan to impose a reciprocal tariff.
01:15The President of the United States, Donald Trump, will announce a reciprocal tariff on many countries of the world on April 2.
01:24The share market around the world, including India, seems nervous due to this.
01:28Trump is calling this day a liberation day for the United States.
01:31He has already imposed tariffs on Canada, Mexico and China, America's many trading partners,
01:37as well as automobiles, steel, aluminum, copper, pharmaceuticals, semiconductors and lumber.
01:44In this case, experts say that the share market around the world is currently waiting for Trump's announcement of a reciprocal tariff.
01:52They want to understand which countries, sectors and companies will be affected by these tariffs.
01:57Only after the announcement of the tariff will there be clarity about its actual impact.
02:01The second reason is the rise in crude oil prices.
02:03The rise in crude oil prices in the international market was also a negative news for the Indian share market.
02:09Brent crude's price has risen by 1.5% to $72.74 per barrel, which has raised concerns about India's import bill.
02:18The rising prices of crude oil usually harm the domestic market, as India is one of the largest oil buyers.
02:25The third reason is the risk of the US economy going bankrupt.
02:28In this case, Goldman Sachs, a brokerage firm, has increased the probability of bankruptcy in the US by 35%.
02:34Earlier, the brokerage firm had shown a 20% probability of bankruptcy,
02:38but now it has increased its probabilities by 35% by referring to the possible economic adverse effects of Trump's tariff announcement.
02:46The brokerage firm has also warned of a possible technical bankruptcy in the European Union,
02:51which could affect global investors' sentiments.
02:54You know what the technical chart says.
02:56In this case, experts say that in order to regain strength in the market,
03:00we need a big move above 23,700 to 23,750.
03:05And if this does not happen, then we can see sideways trading with a target of 23,300.
03:12At least 250 points can be seen on the breakout beyond the range of 23,750 to 23,300.
03:20So today these were the three major reasons why the start of the financial year has been heavy in the market.
03:28Now we will have to see what kind of sentiments the March expectations brought for the investors in April.
03:35How did you find the information?
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