The post tells why share market is down today in India. It shares the details that what exactly happened in the Indian stock market on August 5, Monday.

Highlights –

• The share market in India has seen a downfall on Monday, August 5.
• Why share market is down today? – It is because of various interconnected global factors.
• Nifty as well as Sensex have seen a downgrade in the range of 3 to 4 percent.
• The market certainly needs some time for correction

Why Share Market Is Down Today? A Quick Overview

The share market in India has seen a crash on August 5, Monday. In intraday trading, the Sensex (BSE) fell by 2,686 points. The estimate is around 3.3%. The intraday lowest point has been 78,296.

If we discuss the market capitalization of the listed corporations on the BSE, the value has decreased by more than 10.24 lakh crore. The range of downward trend has mostly affected the midcap and small-cap stocks.

Talking about Nifty 50 (NSE), the level reached a point of 23,894. This is a fall of 824 points (roughly around 3.3%).

Nifty MidCap-100 has seen a fall of 4.2%. The SmallCap100 segment has seen a decline of 4.9 percent in intraday trading.

What Is The Main Reason Behind The Stock Market Setback?

The Indian stock market crumbled during the initial hours on Monday morning. The reason for this setback in the financial domain is mainly because of the US influence. The weak jobs data of the US is a contributor to the situation. Also, the growing tension related to Israel and Iran war is creating a problem in the financial markets.

The changes in the US economy are affecting the Indian financial markets badly. Moreover, the geopolitical disturbances in the Middle East are also creating troubles.

The changes in the valuation of Yen have also led to a fluctuation in the stock market scenario. Even the Nikkei index in Japan has seen a drop of 7 percent.

The Other Reasons Behind This Crash

Experts are predicting a possibility of a recession in the US. This is also one of the core reasons for the falling stock market. Things are bad not only in India but in several other Asian countries as well.

A major sell-off has been noticed in the worldwide markets. This is the key point about the stock market crash.

There is no doubt that global financial markets are experiencing major unrest right now. Surely, the market needs some time to settle. Hence, people must be really careful while trading at this point. Serious fluctuations might be seen in the coming days.

Why Share Market Is Down Today Conclusion

Now it must have become clear why share market is down today in India. Both Sensex and Nifty have seen a drop of around 3 – 4 percent. These two are the benchmark indices for the country. The losses are not just specific to the Indian market. A lot of countries in the Asian region have seen a stock market crash on August 5.

People planning to invest right now need to be aware of the fluctuations in the market. The correction may not happen within a day. It may even take some weeks to stabilize. For more finance-related information and stories like these make sure to access Financereview.Org.