Stock market today: Sensex plunges over 300 points, Nifty near 23,321 during early trade

New Delhi: After being on a top of a tendency for the week, the market opened a little less on Thursday. Sensex opened at 76,968.02 with 76.27 points, while the Nifty was also below 23,401.85. The market proceeded immediately after opening more than 300 points with Sensex at 76,675.62, while Nifty fell at a low of 23,298.55 more than 100 points during the initial trade.
This is a significant turn for Indian stock markets as it is at a high time throughout the week from Tuesday, Monday. Today’s trading will also mark the end for the week as the markets will be closed due to good Friday on 18 April.
On Wednesday, markets were closed to 0.40 percent at Green at 309.40 points or 0.40 percent at 77,044.29, while Nifty also increased by 108.65 points or 0.47 percent, which reached 23,437.20.
Meanwhile, as the Indian markets were below, despite the concerns over US President Trump’s trade war, most Asian shares on Thursday increased despite focusing on the US-Japan trade talks. Japan’s Nikkei 225 increased by 0.7%, increasing Honda’s shares by 1.7%, as it announced a plan to transfer the production of US-bound civic hybrids from Japan to Indiana.
Other Asian markets also increased, while Shanghai Composite was slightly submerged. Federal Reserve Chair Jerome Powell on Wednesday gave a clear warning that increased the risks of Tram’s tariff-powered trade policy increased and the growth has been slowed and the growth has been slowed down-after sending a possible conflict between the stable values ​​and full employment of the twin targets of FED-after sending a possible struggle to the US markets, after the NVIDA. Nasdaq slipped 3.1%.
The possibility of global recession is increasing among the ongoing tariffs. The WTO recorded a decline of 0.2% in global trade this year, which is expected to worse. Treasury yields drowned and oil and dollar prices increased slightly.