Stock Market Crash: Sensex, Nifty Longest Monthly Losing Streak in 29 Years!

The Indian stock market has just experienced its worst drop in the last 5 months. Friday can be a very tough day for the Indian stock market. The two main market industries, Sensex and Nifty 50, have dropped by 1.9% and this is the biggest drop in the last 5 months. The Nifty 50 index closed at 22,124.70 and the Sensex closed at 73, 198.10 and this month the market is down by 6%. This is the longest drop monthly losing streak of the Nifty 50 index since 1996. Investors are very nervous about the Indian market and the economy and they are selling their shares, due to which the market is going down.

Stock market

Why Stock Market are falling?

Ajith Mishra who is a top expert of Religare Broking Limited, has said that the Indian stock market is new month on a week note and fell nearly by 2% .This is happening because of the bad news going on in the world. From starting only investors are feeling negative to invest in a share market.They are scared of investing in the stock market and they are selling their shares. The market ended a day near its lowest point. Many sectors have been affected, especially the consumer sector, IT sector, car sector, many market felt impact from this.

Why Stock Market is Uncertain?

Right now, the stock market is worried due to trade wars and global issues and foreign investors are also selling their shares which is increasing the pressure. The Nifty index has been falling for 5 months and is currently at critical support, level between 21,800 and 22,000. This means that the market might bounceback and stablize its level.

What should Investors do?

Investors should be very cautious right now:

  • They should prepare for the market, if the market goes down.
  • People who are aware that the market may go down should be able to manage their debt very well.
  • They should focus on trades which have very low risk and should wait for clear signs to invest and avoid taking any bad decisions.
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