As we saw today how bad the market condition was.
Sensex 1.75% up 1023.62 points, Nifty 50 1.73% with 302.70 points, Bank Nifty 793.90 with 2.05%.
From our point of view there are 4 major reasons for the market Crash.
1St RBI Monetory Policy
As we know that the board meeting of RBI was going to be held today, but for some reason, the decision has been taken to do it tomorrow.
We do not know what the outcome of this meeting will come out
But what has been estimated is that there may be a 25 bps hike.
25 bps means 0.25.
This is happening for the first time that the rate is getting reversed.
Rate hike is not good news for the market.
But if we look at the history, something different appears.
2nd Crude Oil
As we are seeing how much the crude oil has increased since a few weeks and months.
Crude oil is 26% bigger in these few times.
Markets all over the world are crashing due to the rapid rise of crude oil.
for the exam
If we have 10 barrels of 10 crude oil, out of that 8 we import is rent.
Earlier, the barrel was available for 60 rupees, but now it has increased to 90 rupees and also the dollar has increased from 60 to 75.
Due to which the whole world market is crashing.
3Rd Tension in Russia Ukraine
As seen and seen, a different tension is going on in Russian Ukraine.
This is an international tension, as you all know that the situation was very bad in the middle, but it seems quite right now, but now it is the tension which is affecting the market all over the world.