Indian stock market indices ended slightly lower on the second trading day of the week yesterday. After a series of declines, the markets, which had risen the day before yesterday, returned to their downward trajectory.
The stock market has resumed its decline
Due to continuous outflow of foreign investment, when trading began yesterday, the market indices started with a decline. Following this, the market witnessed a decline as there was no news to encourage the market to rise, and investors sold leading company stocks and booked profits. The fluctuation continued till the afternoon.
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What is a bear market?
A ‘bear market‘ is a situation where the price of stocks, bonds, etc., falls by 20 percent or more from the recent high. In such cases, investors act very cautiously. Negative news can lead to a further decline in the price of stocks. Although a bear market is associated with an economic downturn, it can also occur spontaneously in major economies.
Foreign investment, Foreign investors bought shares worth Rs 4,787 crore yesterday.
Crude oil, The global price of crude oil increased by 0.73 percent to 75.77 US dollars per barrel yesterday.
Rupee Value, The Indian rupee fell 10 paise to 86.98 against the US dollar.
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