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Reasons Behind The Stock Market Crash And Review The stock market crashed today due to the pressure of the news that US President Donald Trump has already announced an order to impose an additional 25 percent tax on Indian imports from 12 noon on August 27. US President Donald Trump has increased tariffs on Indian exports from 25% to 50%, which includes a new tax of 25% in response to India's purchase of Russian crude oil . Donald Trump initially announced a 25% baseline tax on India's purchase of crude oil from Russia and then added another 25 percent tax to it. The Indian government condemned his intransigence in adding this new tax as inappropriate. Prime Minister Narendra Modi 's message said that India is ready to bear the consequences of the US punitive taxes that will start tomorrow. At today's close, the Sensex fell 849.37 points or 1.04% to close at 80,786.54, and the Nifty fell 255.70 or 1.02% and closed at 24,712.05. The main reasons for today's fal...

The Centre May Soon Implement The Revised New Tax Slabs Of GST The Group of Ministers working on the Centre's GST reform proposal had last week approved the Centre's insistence on simplifying the slab tax system . In line with this, the Group of Ministers (GoM) on August 21 has accepted the proposal to abolish the existing 12% and 28% tax and introduce a dual tax structure of 5% and 18%. The notification of the council's decision is expected in five to seven days. The GST Council , chaired by Finance Minister Nirmala Sitharaman , will meet in New Delhi on September 3-4 to discuss the Centre's proposal for a simplified dual tax structure of 5% and 18%. The government is likely to see a decline in sales in key sectors and the Centre may press for GST implementation to allay state governments' fears of potential revenue loss due to the cuts. The Centre may soon revise the Goods and Services Tax to boost demand in the economy. Also, Reserve Bank Governor Sanjay Malh...

The Bears Broke The Last Six Days Of Market Rally The bears broke the last six days of market rally. Because investors sold heavily to book profits after earning good money in the 6 consecutive days of rally, which led to the Nifty falling below 25000 and the Sensex falling by 700 points. Now the next move in the market depends on the outcome of the Fed's meeting in Jackson Hole . If the Fed cuts interest rates, the market may rise again. Next week, the deadline for Trump to increase the additional 25% tariff on India is on the 27th. If Trump imposes another 25% tariff on India, it will also affect the Indian market . Today, the Indian rupee fell by 26 paise against the dollar from 87.26 to 87.52 per dollar. At the close today, the Sensex fell 693.86 points or 0.85% to close at 81306, while the Nifty fell 213.65 points or 0.85% to close at 24870.10. बियर्सनी गेल्या सहा दिवसाची मार्केट मधील तेजी मोडून काढली बियर्सनी गेल्या सहा दिवसाची मार्केट मधील तेजी मोडून काढली. कारण सलग 6...

Sentimental Market : Nifty & Sensex Closed in Green, Huge Buying in IT sector The Nifty closed higher for the fourth consecutive day on demand as Prime Minister Narendra Modi announced in his Independence Day speech on August 15 that comprehensive reforms in the GST rate structure would be implemented before Diwali , which is expected to benefit automobiles, FMCG , insurance and select financial sectors. Another reason for the market rally was the positive improvement in India-China relations . China lifted restrictions on exports of fertilizers, rare earth magnets and large tunneling machines to India, which gave a positive boost to the market. Hamas has shown its readiness to accept the Gaza ceasefire proposed by Qatar and Egypt , and US President Donald Trump 's steps to establish peace between Russia and Ukraine could also be a reason for the market rally. The main reason for the rally in the IT sector is the annual meeting of the US Federal Reserve to be held in...

                  Is Market Closed Near Breakout...? Today, however, there was a positive trend in the Indian stock market . Nifty 50 , Bank Nifty and Sensex closed in the green zone for the fourth consecutive day today. If you look closely, you will see that the market is currently closed around a break-out level . At the close today, Nifty rose 103.70 or 0.42% to close at 24980.65, while Sensex rose 370.64 or 0.46% to close at 81644.39 and Bank Nifty rose 130.25 or 0.23% to close at 55,865.15. Looking at the above three important indices, it is seen that Nifty Fifty closed at 24980.65. If Nifty 50 crosses the 25000 level in the coming session and sustains for some time, Nifty can go above 25500 and if Sensex crosses 82000 , then Sensex can show a good breakout after a long time and show further growth, will touches 83000. And if Bank Nifty crosses its important level of 56 000, it is likely to go even higher.        ...

The Huge Rally in the Indian Stock Market and the Reasons Today, August 18, the Indian stock markets witnessed a huge rally. The biggest reason for the rally was the increase in India's credit rating and the announcement of GST reforms by Prime Minister Narendra Modi, which excited investors and led to a huge buying. Some of the important reasons for the rally in the Indian stock market are as follows... 1. S & P's Rating Upgrade The main reason for this is that S & P Global Ratings has upgraded India's rating from "BBB-" to "BBB" for the first time in 18 years. This is due to India's strong economic growth, sound economic policies and fiscal discipline. 2. Expectations for reform of the GST law Another big reason for the rally in the stock market is the opinion expressed by Prime Minister Modi in his speech on August 15 regarding the reform of the current GST law. Modi said in his speech that the central government has sent the draft of the ...