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There has been a huge fall in the Indian stock market after the swearing-in ceremony of America’s new President Donald Trump. On Tuesday, the Sensex fell by 1,235 points and went below 75,000 points, causing investors to lose Rs 8.30 lakh crore in a single day. This decline is linked to fears over Trump’s policies and possible trade tensions after he returns to power.
The stock market is bleeding
This decline in the stock market started just before Trump’s inauguration, when investors started reducing their holdings keeping in mind the policies of his previous term. Both Sensex and Nifty closed with a fall of more than 1.5 percent. Nifty also recorded a fall of 320 points, taking it to its lowest level in the last seven months.
Impact of Trump’s policies
Donald Trump had implemented many trade policies in his first term, which included steps like trade war with China and increasing tariffs. After his swearing in, trade tensions are expected to increase once again. Experts believe that if Trump takes such steps again, it may increase uncertainty in the global markets.
Heavy decline seen in these shares
Investors have expressed concern over this decline. There has also been a huge decline in the shares of major companies like Zomato and banking sector. Many investors decided to sell shares to protect their capital, which brought more pressure to the market. Experts believe that Trump’s tenure can have a negative impact on the Indian stock market. Market analysts have warned that if Trump repeats his old policies, it will affect the Indian economy as well.
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