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Share Market Crash Today: Today was not a good day in the Indian stock market. In Friday trading, both benchmark index Sensex and Nifty recorded a major decline. The 30 -share Sensex slipped to about 800 points, while the Nifty also reached below the 25000 level. During the market’s correction mode, the pressure of selling was also seen in many stocks. Stocks of many big companies declined up to 5 percent.
After the quarterly results of Bajaj Finance, banking and financial stocks declined especially. Not only banking but also in the Nifty Auto Index, there was a decline of 1.3 percent in the Nifty Auto Index. Apart from this, many other sectoral index like PSU bank, IT, metal also saw a decline. The BSE Midcap index and smallcap index also recorded a decline of 1.3 percent and 1.7 percent respectively. The market cap of listed companies in BSE has come down by Rs 4.75 lakh crore to Rs 453.35 lakh crore.
The reason for this decline in the stock market
Trade deal between India and America delayed
There is uncertainty on the trade deal between India and America. The US has confirmed the deal with all countries like Japan, Indonesia, Vietnam, Philippines. Negotiations are still going on with India and here, the deadline to install tariffs is also coming closer. Investors are worried about this. Until the tariff is officially announced, the investors will be under pressure.
Banking and financial stock under pressure
Banking and financial stocks have recorded the biggest decline during trading in the stock market. The Nifty Financial Services Index has declined by 1 percent and the Nifty Bank has fallen by more than 600 points. In the Nifty 50, the shares of Bajaj Group were among the top losis, which recorded a decline of 5.5 percent and 4.5 percent respectively. Union Bank, Indian Bank and Canara Bank suffered the most damage in Nifty Bank, which fell by more than 3 percent.
Selling of foreign investors
Selling of foreign investors is also a major reason for this decline in the market. In the last four days, foreign investors have withdrawn about Rs 11,500 crore from Indian shares in the cash segment. VK Vijaykumar, the Chief Investment Strategist of the Geojit Investments, had said before the market opened, “In the last four business days, there will be pressure on the market for Fiis’s continuous selling of Rs 11,572 crore.
Dull results of first quarter
Investors’ perception has weakened due to the weak results of the first quarter of FY 26. Some companies have met expectations, while many companies missed their targets. Especially, IT and Financial Sector Companies. Vigilant comments of management have also affected the market notion.
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