The fall in the US stock market, or 104% tariff on China, can be a big reason? Indian stock market can fall again today

The US -China trade war deepens. China imposed a 34% tariff on the US in response to a tariff imposed by US President Donald Trump to China. Trump asked to withdraw it by April 8, which China did not accept. Now the US has announced a 104% tariff on imported goods from China. This new tax came into effect from midnight of April 9. The impact of achieving the new level of trade war between China and America was seen on the US market. The US stock market fell for the fourth consecutive day on Tuesday. S&P 500 closed about 5,000 for the first time in about a year. The index is now 18.9% below the record height of February 19, near a 20% drop that would indicate the recession trend. Dow Jones Industrial Average dropped 320 points to close at 37,645.59. S&P 500 closed 1.57% to close at 4,982,77. NASDAQ composition dropped by 2.15% to close at 15,267.91. Will its impact continue on the Indian market even today? SGX or Gift Nifty also gives similar indications. After the fall, the Indian stock market can look at SGX or Gift Nifty, it trades 241 points or 1.07% at 07:00. SGX or Gift Nifty is an indication of the Nifty 50 of the Indian market. This indicates what the situation will be like. There are currently signs of recession in the market. This means that the Indian stock market can be seen again today. The impact of the RBI policy will also be seen, today the Reserve Bank of India will declare its policy. Reserve Bank of India, Governor Sanjay Malhotra, will provide information on the situation of the economy, including inflation, GDP growth, repo rate cut. Its effect will also be seen on the market. Ini lives in hell today. Share this story -tags