Stock Market Slides for Second Day: Selling Grips Nifty50 & Sensex
Business
The stock market continues to fall for the second straight day, with heavy selling seen in Nifty50 and Sensex. Key reasons include weak financial earnings, FII outflows, global uncertainties, and rising crude oil prices.
Why Share Market Down Today Benchmark index Nifty has slipped 234 points and Sensex has slipped more than 700 points. There are 4 major reasons for the decline in the stock market. These include weak quarterly results of companies in the earning season, ongoing uncertainty over India-US deal, continuous selling by foreign investors and weak global signals.
The stock market is trading with weakness on 25 July. Benchmark index Nifty has slipped 234 points and Sensex has slipped more than 700 points. The question is why this decline is dominating the market for the second consecutive day. Earlier Nifty50 closed at a strong level of 25200 earlier this week, but since the weekly expiry, continuous selling has dominated the market.
According to experts, there are 4 major reasons for the decline in the stock market. These include weak quarterly results of companies in the earning season, ongoing uncertainty over India-US deal, continuous selling by foreign investors and weak global signals.