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The day of Thursday (May 22) for the stock market was like a nightmare. BSE Sensex and Nifty 50 declined drastically by the market decline and the day has been reduced. The Sensex was broken at a time at a time at the time of business. But before the market closed, it gained slightly and it closed with a dive of 644 points. At the same time, the Nifty Index of the National Stock Exchange closed down 203 points.

The stock market opened with a decline on Thursday. The Sensex fell by 644 points to close at the level of 80,951.99 points today, while the Nifty fell by 203 points to close at 24,609.70. Earlier on Wednesday, the market was seen to have a boom. On Wednesday, the Sensex jumped 410.19 points or 0.51 percent to close at 81,596.63, while the 30 -share index 835.2 points rose 1.02 percent to 82,021.64 during the day trading.

4 major reasons for market fall

A major reason for this decline in the stock market is also tariffs imposed by the US. Nothing is clear about this yet, in such a situation, investors are avoiding investing money in the market. Investors are waiting for America’s stance before investing money and this wait is the reason for the decline in the market.

Apart from this, the second reason is the tax and expenditure bill of Donaldtram, which is fearing that its implementation will increase the US debt and the US economic growth may slow down. According to experts, this may increase the $ 36 trillion US debt by $ 3.8 trillion.

America, China and India topped the World of Statistics data

The third reason is the increasing tension between Israel and Iran is believed to be. Investors are also keeping distance from the market due to the possibility of war. At the same time, the fourth reason can be considered as the increasing cases of Corinnavirus in South-East Asian countries. Because of which people are continuously selling their shares.