Stock Market: Relief news from US market, what is the expert's opinion for the domestic market

After the sharp fall in the stock market in Monday's trading, now everyone's eyes are on the next session. However, in the meantime, there has been a news of relief from the US markets. After the initial fall, there has been a great recovery in the US markets and the Dow, which had once recorded a fall of 1300 points, has seen a rise of more than 800 points. The effect of two positive news is being seen in the US market. At the same time, experts are also speculating about the domestic market that with the reduction of fear in the domestic market, recovery will be seen soon.

How were the American markets?

Till the time of writing the news, Dow Jones and Nasdaq had registered a gain of more than 2 percent each. S&P also had a gain of about 2 percent. Earlier, Dow had fallen by 1300 points in early trade. S&P and Nasdaq had fallen by 3 to 4 percent. That is, a great recovery has been seen in the American market in early trade. This recovery in the market is after the news in which there is talk of discussions between America and the European Union regarding tariff. The European Union wants to resolve this issue by talking to America. Earlier there were apprehensions that the Union could impose tariff on its side in return. Apart from this, there is also news that Trump can give 90 days relief in tariff. The market has taken this news positively. Dow has improved by more than 2000 points from its low levels, while S&P 500 has recovered by 300 points from the low levels. Nasdaq has improved by 1700 points from the day's low levels. What is the opinion of the experts? According to Piper Serica founder Abhay Aggarwal, the impact on the domestic market is due to the deteriorating sentiments in the global market because the tariff decision will not affect India as much as it will affect other countries of the world. In such a situation, he said that the impact of tariffs on the markets has become excessive, so it is expected that we can see recovery soon, perhaps this week. At the same time, he said that the decline in the market is a technical correction because there is a decline in the market due to fear. It has nothing to do with fundamentals. In such a situation, investors should not be afraid.

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