BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Friday. While BSE Sensex went below 73,3200, Nifty50 was below 22,150.

There is now only one crucial call to make in the stock market: What is the Trump Presidency going to do to the stock market?

While nobody can predict what the market will do, especially in the short term, some metrics suggest that a downturn could be on the horizon.

Crash: The 30-share BSE benchmark Sensex tanked 1,414.33 points or 1.90 per cent to clos at 73,198.10. The NSE Nifty nosedives 420.35 points or 1.86 per cent to end the session at 22124.70.

Coal India, HDFC Bank, Shriram Finance, Axis Bank and Reliance gained, while IndusInd, Tech Mahindra, Titan, Wipro and M&M traded among major laggards. Aarti Drugs, Adani Green Energy, ACC, and ABB India stocks hit 52-week low.

While the BSE’s Sensex fell 952.39 points to trade at 73,660.04, the broader Nifty 50 tanked 282.45 points to 22,265.05.

Srivastava mentioned that he would look for opportunities like banking and metals, while PSUs took look oversold and may offer some opportunities. He highlighted that people are watching global headlines because there is an absence of local newsflow.

BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in opening trade on Friday. While BSE Sensex went below

The Sensex and Nifty fell nearly 2 per cent, driven by widespread selling as concerns about a potential global trade war and a slowing US economy unsettled investors. The market saw a total loss of Rs 8.

Taking cue from the weak global trends, both BSE Sensex and NSE Nifty 50 tanked on Friday, leaving investors high and dry, making them poorer by over Rs 9 lakh crore. The market capitalisation of all listed companies on the BSE dropped by Rs 9.