On 4 November, 2024, 6 Lakh Crore loss happen in just one day after the Indian stock market opens after Diwali.
Nifty is 10% percent below from its All Time High, this is the biggest crash after October 3, 2024 crash. Fall is seen in 2,603 stocks while growth is seen 1,279 stocks. From the start of the year to till now only 9% percent return is received from the market. In September-October market faces 40 Lakh Crore loss in just 2 months.
Nifty falls by 314 Points – 1.29%
On 4 November, 2024 fall seen in Nifty is of 454 points (1.87%) but after that Nifty rises few points but not reaches to important level of 24,000 points. Nifty closes at 23,990 points, Out of 50 stocks of Nifty fall is seen in 42 stocks of Nifty.
Sensex falls by 941 points – 1.18%
On 4 November, 2024 fall of 941 points is seen in Sensex, it falls to 1,409 points but it retraces itself to 941 points. Sensex closes at 78,782 points and from 30 stocks of Sensex, fall is seen in 24 stocks.
Why are Markets Crashing continuously?
1.FIIs Selling:
In the past ten months from January to November Foreign Institutional Investors (FIIs) had already withdrawn Rs. 2,46,630 Lakh Crore from Indian Stock Market, and in the previous month (October) FIIs had done selling of Rs. 1,14,445 Lakh Crore from the Indian stock Market and this is a historic record.
Till October, 2024 FIIs selling is more happened in the six months from the previous ten months in the Indian Stock market. From January to till now FIIs had only invested Rs. 23,369 Thousand Crore in the Indian Stock Market which is very less as compared to the selling done by Foreign Institutional Investors this year.
2.DIIs try by Buying:
Where on One side FIIs (Foreign Institutional Investors) are selling their stocks, on other side DIIs (Domestic Institutional Investors) are buying stocks. From beginning of the year to till now DIIs made a selling of Rs. 4,48,756 Lakh Crore, which is almost double (2x) of FIIs selling.
From the past 10 months DIIs buys stocks every day in the Indian Stock Market. In the previous month October, 2024 when FIIs made historic selling in the same month DIIs (Domestic Institutional Investors) buys stocks of Rs. 1,07,254 Lakh Crore, but there is huge pressure between all this.
3.U.S. Election:
Elections are happening in Country’s biggest economy America, All the markets are not showing such good moments and growth and markets are down before the election in all the Country’s. Same effect is seen in India.
Experts thought that if Democratic Candidate Kamala Harris win the election in america so this is not a good news for the market. If Donald Trump win the election then he could make a decision about Tariff, which affects the market for short term, but positive results are seen in Long term in Indian Stock Market.
Federal Reserve’s Monetary Policy Meeting:
Federal Reserve Bank is Like RBI Bank in India, On upcoming 7 November, 2024, a meeting is going to happen about interest rates and it will affect the Global Markets. Because big investors are in Wait and Watch mood before the meeting will happen.
China Stimulus Plan:
China’s Economy as of now is in very bad condition and the government should take decision to make it better, and to balance China’s economy soon the government of China should announce the Stimulus Package. Stimulus means the government invest Liquidity means money in the market to maintain economy of the Country. FIIs are showing interest in China markets because Stimulus means good returns.