Share Market News: Stock markets were flooded from America to Japan. The impact of the storm on Friday continued on Monday and is expected to be heavy on Tuesday as well. What do investors do? Invest money in the stock market or stay away? Let’s understand from experts the market moves?
Share Market News: Investors were still swaying from the 34% flight of the Sensex in just 15 months that Monday’s fall gave them a very big blow. The 30-share BSE index plunged 2,222.55 points or 2.74 per cent to close at an over one-month low of 78,759.40. It had lost 2,686 points on June 4. Similarly, the broader NSE Nifty plunged 662.10 points, or 2.68 per cent, to close at 24,055.60. The Nifty had plunged over 5 per cent after the general election results on June 4. What do investors do? Invest money in the stock market or stay away? Let’s understand from experts the market moves?
According to The Indian Express, this decline is due to concerns around the world about the recession in the US, geopolitical concerns about rising tensions between Israel and Iran and other middle-east countries. Since there are no concerns about the Indian economy, retail investors should not panic about their investments. However, experts also said that investors should be careful about where they invest.
What is the reason for the fall in the markets?
Experts said softer reports on jobs in the US fuelled fears of an upcoming recession, but weakness in global markets began on Thursday. Rising tensions in the Middle East following the assassination of three important personalities allegedly backed by Israel Iran and fears of a retaliation by Iran soon have put pressure on markets around the world.