Investor property worth Rs 11.30 Lakh Crore Due to the impact of US rates, BSE standard index drops by 2 percent -investors wealth tanks 11 lakh crore as US tarif -haip sparks market -Orrus

The US stock markets had a major decline in the Indian stock markets due to the announcement of additional rates on Indian products and the trade war with China. The market capital of companies listed in BSE took off with Rs 11.30 Lakh Crore. Although the decision to implement the tariff has been postponed for 90 days, investors remain attentive due to global instability. Pti, New -Delhi. Since the announcement of the US tariff, investors’ assets have been reduced by Rs 11.30 Lakh Crore. During this time it fell by 1,460,18 points or 1.90 percent. The stock markets have seen major ups and downs lately due to the announcement of the US fee and raising concerns about the trade war between China and the US. Due to uncertainty, the market cap (market cap) of BSE -listed companies with Rs 11,30,627.09 crore dropped to Rs 4,01,67,468,51 crore during this period. However, after postponing his decision of additional import tax from the US for 90 days, the market had a rise of about two percent on Friday. During this time, the market also remained closed on the occasion of Mahavir Jayanti on April 10 and Ambedkar Jayanti on April 14. The US-China trading tension has announced an extra 26 percent fee on Indian products entering the US on April 2. However, it was postponed on April 9 for 90 days to July 9. However, the basic fee of 10 percent still applies. However, China received no relief. The US imposed 145 percent on imported goods from China. At the same time, China again retaliated, increasing its additional fees on US goods to 125 percent. The market varied to America’s widespread retaliation around the world at the beginning of the new financial year. The global markets had a huge decline and India was also not untouched by selling, but it still performs relatively better. Vishnu Kant Upadhyay, AVP of Satish Chandra Alauri, analyst, Lemon Markets desk future possibility and risk capital services, said: “The current round of market uncertainty can last over the next three to six months. On the contrary, if the global conditions are stable, Indian stocks can still have a good destination and the uncertainty and the uncertainty of the market. “Every latest news and accurate information from the country and the world, every moment on your phone! Download now- Jagran app