The domestic stock market declined on Monday after the apprehensions arising out of Donald Trump’s counter -tariffs and the US market records. The Sensex and Nifty were exposed. Currently, the Sensex is trading by falling 3000 points and Nifty 1000 points.

Sensex and Nifty were defeated in early trade on the first trading day of the week. The Sensex opened 3,939.68 points to 71,425.01 points, while the Nifty fell 1,160.8 points to 21,743.65 points. In such early trade, the rupee fell 30 paise to $ 85.74 against the US dollar.

All 30 shares of the Sensex are trading on the red mark. The shares of Tata Steel, Tata Motors and Infosys are witnessing a huge decline. Tech Mahindra, HCL Tech and L&T are also declining. Nifty metal broke the most in the sectoral index of NSE. IT, oil and gas and healthcare index also declined. Is. Auto, realty and media index are below 5%.

The market closed with a steep decline on 4 April

Earlier, the Indian share index Sensex broke over 900 points to 76,000 levels on Friday (April 4) amid the increasing apprehensions of the global trade war. The 30 -share BSE Sensex fell 930.67 points or 1.22 percent to close at 75,364.69 points. During trading, it fell 1,054.81 points or 1.38 percent to a low of 75,240.55 points. Similar NSE Nifty fell at 345.65 points or 1.49 percent to close at 22,904.45. During the trading, a 50 -share benchmark index fell 382.2 points or 1.64 percent to close at 22,867.90.

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Asian markets

Asian markets recorded six per cent in Nikkei, Japan, 4.50 per cent in South Korea’s Kospi Index and 6.50 per cent in China’s Shanghai index. Hong Kong’s Hangseng was seen trading 10 percent.

Earthquake in the US market too

America is also not untouched by the outcry in the market. Selling in financial markets around the world reached a even more frightening level on Friday. The dangers of recession in the global economy declined by 2,231 points or 5.5% after the announcement of counter -tariffs by China. The comprehensive S&P 500 declined by 5.97%. Technology-oriented Nasdac Composite also recorded a decline of 5.82%. Similar Nasdaq composite was recorded by 5.5%. This was the biggest decline in the US market after the Kovid crisis.

Also read- Asian markets breathed after Wall Street’s stagger; Bad condition in Japan, Korea and Australia

Know Trump’s counter -tariff

In fact, on April 2, the US announced to impose 26 percent counter -tariff on India. Along with this, the US announced 46 percent on Vietnam, 34 per cent on China, 32 per cent on Taiwan, 25 per cent on South Korea, 24 per cent on Japan and 20 per cent on European Union. Trump said that these countries impose a lot of tariffs on us, due to this we are putting counter tariffs on them. Since then, apprehensions about inflation and recession in all countries including India started to flourish. America is also not untouched by this.