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Today’s stock market: The main cause of the Sensex and Nifty’s declines; what the March series’ F&O rollovers indicate
At 73,917.17, the BSE Sensex was down 695.26 points, or 0.93 percent. At 22,317.55, the NSE Nifty dropped 227.50 points, or 1.01 percent.
The March futures and options (F&O) series began weakly for benchmark stock indices Sensex and Nifty after US President Donald Trump declared that tariffs on Canada and Mexico would start on March 4. Additionally, the 10% uniform tax imposed on Chinese goods has been doubled. Investor morale was further harmed by Nvidia’s overnight 8.5% decline, which sent the Nasdaq plummeting.
Disclaimer: YOURBRANDWALA provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
