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Business Desk – Share Market Crash: The stock market is once again under pressure on Tuesday, September 8. In early trade, the Sensex fell by almost 400 points to the level of 75,750. Nifty is also trading around 23,650 after falling about 100 points.

Investors' concerns have increased due to weakness in the market for the second consecutive day after Monday's fall. The latest market reports also show a decline in Sensex and Nifty.

Mixed business for Asian markets

The Indian market received mixed signals from Asian markets on Tuesday. South Korea's Kospi is trading at 7,163 with a rise of 167 points or 2.06%. Japan's Nikkei is up 45 points or 0.07% at 66,684. Whereas Hong Kong's Hang Seng is trading at 25,334 with a decline of 79 points or 0.26%. This means that in some Asian markets there is a period of boom and at other times there is a period of decline.

American markets also closed with a decline

Earlier on Monday, September 7, American markets also declined. Dow Jones fell 272 points or 0.51% and closed at 53,414. Nasdaq fell 77 points or 0.29% to 26,507. The S&P 500 also declined by 29 points or 0.38% and closed at 7,719. The weakness of American markets affects the attitude of investors around the world.

Buying by domestic investors continues

Buying by domestic institutional investors i.e. DII continues in the market. According to the data, DII has bought shares worth Rs 17,287 crore in the last 7 days. His total purchases in the last 30 days have been Rs 69,635 crore.

On the other hand, foreign institutional investors i.e. FII/FPI have made purchases worth Rs 1,511 crore in the last 7 days. However, if we look at the 30-day data, the net purchases by FII/FPI have been negative by Rs 7,766 crore. In such a situation, the attitude of foreign investors remains important for the market.

Sensex-Nifty had broken on Monday also

Earlier on Monday, September 7 also, the stock market had closed with a decline. The Sensex fell 382 points and closed at the level of 76,132. Nifty also fell by 118 points and closed at 23,779.

Now the weakness of Sensex and Nifty in early trading on Tuesday has further increased the pressure in the market. Investors will now keep an eye on the further movement of the market, purchases by foreign and domestic investors and signals from major markets of the world.

Why is the market under pressure?

The impact of global signals is visible in Tuesday's trading. According to the latest market reports, the rise in crude oil prices and geopolitical tensions have influenced investors' sentiments. In such an environment, market fluctuations may increase.

At present both Sensex and Nifty are in the red. In such a situation, today's business will be important for investors whether the market recovers from the initial fall or the pressure continues further.