The Indian stock market continued reeling under selling pressure for the second consecutive session on Tuesday, January 20, tracking weak global cues amid trade war risks and unimpressive Q3 earnings.
A day after falling by almost half a per cent each, the Sensex fell over 400 points, or more than 0.50% to an intraday low of 82,812.32, while the Nifty 50 breached 25,450 on the downside, falling to 25,432.60 in intraday trade.
In two consecutive sessions, the 30-share pack Sensex has declined over 750 points, or nearly 1%, while the Nifty 50, too, has dropped by a per cent.
Why is the Indian stock market falling?
Let’s take a look at five key factors behind the downtrend in the Indian stock market:
1. Trade war fears
Investors appear increasingly concerned about the evolving geopolitical situation after US President Donald Trump signalled an aggressive stance on acquiring Greenland. He has threatened tariffs on eight European countries over their opposition to the move. In response, European leaders have reportedly begun exploring options to push back against what they describe as US coercion.
(This is a developing story. Please check back for fresh updates.)
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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
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