Why Are Stock Markets Falling Today? Sensex Tanks Over 900 Points

- India's Nifty 50 index rose to record highs on Monday, driven by strong performance in the IT sector. - The NSE Nifty 50 climbed 0.4% to a record high of 24,598, while the S&P BSE Sensex added 0.2% to 80,654 points. - Strong buying in IT stocks, particularly after TCS's positive results, provided a significant boost to the market. - HCLTech saw a 3.5% rise in shares after reporting increased revenue and growth projections for the ongoing quarter. - Indian IT companies have benefited from expectations of a U.S. rate cut, with the odds of a 25 basis point cut rising to 90%. Source: Reuters

- Stock markets tumbled on Monday, with Japanese shares at one point exceeding their 1987 'Black Monday' loss, as fears of a U.S. recession sent investors fleeing from risk. - The safe haven yen and Swiss franc surged, as crowded carry trades unravelled, sparking speculation that some investors were unloading profitable trades to cover losses elsewhere. - Japan's benchmark Nikkei average closed 12.40% lower, its largest one-day fall since October 1987, while European shares fell to near six-month lows amid a global selloff in equities. - A weak July payrolls report saw markets price in a high chance of Federal Reserve rate cuts, with futures implying significant cuts in the funds rate this year. - Investors are seeking safe harbours, with the dollar falling against major currencies and gold losing some of its appeal, while oil prices eased on concerns about global energy demand. Source: https://reuters.com/markets/global-markets-wrapup-1-2024-08-04/

Nifty down 1.6% , Bank nifty down 2.5%, Realty down 5% , Metal down 3.5%. I get happy when the market rises, but i get extremely happy when it falls or correct :) Let the fall begin 🙌🏻 P.S - I am a long only trader.

Today market is up by 804+ points, just because Modi is winning!! ☺️☺️🤴🫶.

What will happen tomorrow?

Sensex/Nifty have been falling severely for the past few days. Are you buying the dip?

We are so back. 🚀🚀

Hi All, If you have any particular stocks in mind which could go up after the election results. Please share. Note: I know that we should not blindly trust speculations but I have left trading stocks a long time ago. I know prices fluctuate very much after the elections, so just wanted to know the stocks which you are positive about.

What do we make of these allegations? Does it result in a turmoil in the market in the coming week? How does opposition play and make it another witch-hunt

Goldman Sachs has predicted dual digit growth for Indian top indices for next FY. Reasons are like... 1. Strong fundamentals 2. Stability at government level 3. Fed rate cut 4. Banks, auto and industrial firms doing exceedingly well. 5. Cyclical growth after usa and India elections 6. Dollar depreciation 7. Lower cad at 1.3% 8. GDP growth at 7+% What do u think guys? Markets will again beat FD???