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Scary crash in the stock market: Sensex falls 3300 points in five days, huge loss of Rs 19 lakh crore – more crisis in the shadow of war?
Mumbai: Last week, the Indian stock market turned out to be a dark night for investors. In just five working days, the Sensex index fell by 3,300 points, breaking the back of the market. Due to this, a total investment of Rs 19 lakh crore was lost. The fear of a tense war between the US and Iran has caused uncertainty in the markets around the world, and its direct impact on the Indian market was also seen. Now there is only one question in the minds of investors – will this situation worsen?
Poor health in major sectors, but defense stocks are up
Shares of companies in the public sector banks, tourism and aviation, real estate, banking and automobile sectors suffered a major setback during the week. However, due to the war atmosphere, investors saw a surge in defense sector stocks. Companies like Mazgaon Dock, Solar Industries and Paras Defence recorded a good increase in their share prices. According to a report by 'Economic Times', shares of 80 percent of companies with a market cap of more than Rs 1,000 crore have fallen by 20 percent from their 'all-time high'. Similarly, the Nifty index has also fallen by 7 percent from its high.
Fears of crude oil prices reaching $ 100
The US-Iran conflict has disrupted global crude oil supplies, and there is a possibility of a significant increase in oil prices. According to experts, if this conflict does not end soon, crude oil can go beyond $ 100 per barrel. This increase will put further pressure on the Indian economy, especially on import-dependent sectors.
Market chart weak: Long-term view needed - Expert advice
The technical analysis of the market currently seems to be below the short-term and medium-term averages. The 'Weak Candle' pattern on the chart is indicating a weak market. Stock market expert Bolinjak said that uncertainty will continue in the short term, while rising oil prices are affecting investor sentiment. Still, this situation will create some good opportunities for investment, but it is very important to take a long-term view.
Investors should now be cautious, monitor market movements and assess risks, experts are saying. Although this is a time of market volatility, patience and prudent decision-making will be beneficial for investors.
Mumbai: Last week, the Indian stock market turned out to be a dark night for investors. In just five working days, the Sensex index fell by 3,300 points, breaking the back of the market. Due to this, a total investment of Rs 19 lakh crore was lost. The fear of a tense war between the US and Iran has caused uncertainty in the markets around the world, and its direct impact on the Indian market was also seen. Now there is only one question in the minds of investors – will this situation worsen?
Poor health in major sectors, but defense stocks are up
Shares of companies in the public sector banks, tourism and aviation, real estate, banking and automobile sectors suffered a major setback during the week. However, due to the war atmosphere, investors saw a surge in defense sector stocks. Companies like Mazgaon Dock, Solar Industries and Paras Defence recorded a good increase in their share prices. According to a report by 'Economic Times', shares of 80 percent of companies with a market cap of more than Rs 1,000 crore have fallen by 20 percent from their 'all-time high'. Similarly, the Nifty index has also fallen by 7 percent from its high.
Fears of crude oil prices reaching $ 100
The US-Iran conflict has disrupted global crude oil supplies, and there is a possibility of a significant increase in oil prices. According to experts, if this conflict does not end soon, crude oil can go beyond $ 100 per barrel. This increase will put further pressure on the Indian economy, especially on import-dependent sectors.
Market chart weak: Long-term view needed - Expert advice
The technical analysis of the market currently seems to be below the short-term and medium-term averages. The 'Weak Candle' pattern on the chart is indicating a weak market. Stock market expert Bolinjak said that uncertainty will continue in the short term, while rising oil prices are affecting investor sentiment. Still, this situation will create some good opportunities for investment, but it is very important to take a long-term view.
Investors should now be cautious, monitor market movements and assess risks, experts are saying. Although this is a time of market volatility, patience and prudent decision-making will be beneficial for investors.
Poor health in major sectors, but defense stocks are up
Shares of companies in the public sector banks, tourism and aviation, real estate, banking and automobile sectors suffered a major setback during the week. However, due to the war atmosphere, investors saw a surge in defense sector stocks. Companies like Mazgaon Dock, Solar Industries and Paras Defence recorded a good increase in their share prices. According to a report by 'Economic Times', shares of 80 percent of companies with a market cap of more than Rs 1,000 crore have fallen by 20 percent from their 'all-time high'. Similarly, the Nifty index has also fallen by 7 percent from its high.
Fears of crude oil prices reaching $ 100
The US-Iran conflict has disrupted global crude oil supplies, and there is a possibility of a significant increase in oil prices. According to experts, if this conflict does not end soon, crude oil can go beyond $ 100 per barrel. This increase will put further pressure on the Indian economy, especially on import-dependent sectors.
Market chart weak: Long-term view needed - Expert advice
The technical analysis of the market currently seems to be below the short-term and medium-term averages. The 'Weak Candle' pattern on the chart is indicating a weak market. Stock market expert Bolinjak said that uncertainty will continue in the short term, while rising oil prices are affecting investor sentiment. Still, this situation will create some good opportunities for investment, but it is very important to take a long-term view.
Investors should now be cautious, monitor market movements and assess risks, experts are saying. Although this is a time of market volatility, patience and prudent decision-making will be beneficial for investors.
