September 18, 2024

News Buddy

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Big fall in Asian markets, India too ?

1 min read

Mumbai (Team Newsbuddy): After the fall in stock indices around the world last week, Asian markets also saw a decline on Monday.

This decline is also being seen in the Indian market.
Currently, Nifty has seen a decline of about 720 points and Sensex about 2200 points.
Japan’s index Nikkei 225 has seen a decline of 7.3% while Topix has seen a decline of 8%.
Taiwan’s main stock index has fallen by 7.7 percent. Shares of chipmaker TSMC have fallen by 8.4 percent.
South Korea’s Kospi index has fallen by 6.6 percent. Chipmakers including Samsung have seen a decline in business.
However, Hong Kong’s Hang Seng has seen a decline of only 0.2 percent. On the other hand, a slight increase has been seen in the Shanghai Stock Exchange.
Cryptocurrency has also registered a decline. The price of one bitcoin has reached around 53 thousand dollars. Which is the lowest level since February.
After the release of jobs data in the US on Friday, there was a huge decline in stocks in New York.
After the release of jobs data, fears of recession have arisen in the world’s largest economy

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