The biggest fall of the year in American stock markets, what is the reason? | American Markets- Watch Video

24 Feb, 2023

The biggest decline of the year was recorded in the US stock market on the last trading day. Its effect was also visible on the Indian stock market on Wednesday and the market started on the red mark. During the trading of half an hour, the decline in Sensex and Nifty intensified. Sensex slipped more than 400 points, while Nifty is trading after breaking 145 points. The reason for this uproar in the market is only a news from America.

Sharp fall in Sensex-Nifty

Amidst weak global signals, both the stock market indexes Sensex and Nifty made a weak start on Wednesday, the third trading day of the week. BSE's 30-share Sensex opened at 60,408.80, down 263.92 points or 0.43%. So on the other hand, the Nifty index of NSE started trading at the level of 17,750, falling 67.70 points or 0.38%. After opening on the red mark, the decline in both the indexes intensified. At 9.50 am, the Sensex was trading at 60,221.09, down 451.63 points or 0.74%, while the Nifty fell 146.45 points or 0.82% to 17,680.05.

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