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In the last five trading days, Sensex has seen a fall of more than 4100 points. Nifty has also fallen by more than 1200 points. During this period, investors have seen a deduction of more than Rs 16 lakh crore. This is the biggest weekly fall in the stock market after June-2022. The stock market is witnessing a major decline due to the Iran-Israel war and China's steps to boost the economy. This trend is not stopping yet. There may be further decline in the stock market in the coming week. According to the information, apart from Israel-Iran war, China, selling by foreign investors, some new factors are also being added. Due to which there can be pressure on the stock market.
There may be a decline in the stock market due to these reasons
Iran–Israel War
There is no sign of the tension between Iran and Israel reducing. Israel can target Iran's oil targets with the help of America and NATO countries. On the other hand, the President of Iran has appealed to all the countries of the world to unite. He has also talked about attacking Israel. If this happens then the world may be pushed towards a third war. Whose direct impact can be seen on markets around the world. Its effect can also be seen on the Indian stock market.
There was a huge fall in the stock market
There was a lot of volatility in the stock market on Friday and both Sensex and Nifty closed with a decline of more than one percent. This led to a weekly decline of 4.5 percent in both the indices, which is the highest since June-2022. On Friday, the stock market witnessed a decline for the fifth consecutive day. During this period, Sensex saw a fall of 4,147.67 points. Whereas Nifty has fallen to 1,201.45 points. Due to which investors have suffered a loss of Rs 16.68 lakh crore. On Friday, NSE Nifty fell 235.5 points or 0.9 percent and closed at 25,014.6. BSE Sensex closed at 81,688.45, down 808.65 points or one per cent.
China's stock markets are witnessing a continuous rise. The Chinese government has announced several stimulus measures to boost the economy and revive the stock market. Under which the government has given an incentive of 140 billion dollars to banks to promote the property market. Besides, home loan rates have also been reduced. Due to which the stock market is booming. Experts predict that China's stock markets will see a rise on Monday. The special thing is that the CSI 300 index has increased by 25 percent in 10 days. The main reason for this is the turn of foreign investors towards China.
Sales by foreign investors in India
On the other hand, foreign investors have started selling in the Indian stock market. The special thing is that foreign investors withdrew about Rs 9900 crore on Friday. The special thing is that in the last one week, foreign investors have withdrawn more than Rs 37 thousand crores. Next week also, foreign investors can move to China by withdrawing money from the stock market. Whose effect can be seen on the stock market.
RBI MPC meeting
The monetary policy meeting of RBI is going to start from Monday. Interest rates may once again become stable in the monetary policy meeting of RBI on October 9. If this happens, it will be the 10th consecutive time that monetary policy has been frozen by the RBI. It is expected that there will be no change in the policy rate of RBI in the current financial year.
haryana election results
For the first time after the Lok Sabha elections, the results of the assembly elections will come next week. In such a situation, the results of this election can have a great impact on the stock market. Especially if the results of Haryana Assembly elections are not in favor of BJP, then there can be a big fall in the stock market. BJP is ruling Haryana for the last 10 years. There is a possibility of reversal after these elections. At the same time, elections are being held in Jammu and Kashmir after years. Here too BJP may have to face a big challenge.
Disclaimer: Consult your market expert before making any kind of investment in the stock market.