Weak signals from the stock markets around the world today, know the condition of the global market.
In the midst of weakness in the global markets, strong selling can be seen in the Indian stock market even today.
In Asian markets, Japan's major index Nikkei and Korea's Kospi have broken more than 2%.
Let us tell you that before this, a sharp decline was also recorded in the European market.
Talking about the American markets, very light buying is being seen in the American futures markets.
SGX Nifty index is initially trading above 17200 with slight strength. While the dollar index is below 104.
On Monday, the Sensex closed down 897 points at 58,237.85 and the Nifty closed down 258 points at 17,154.30.
Let us tell you that on Monday, the fastest decline was recorded in the stocks of the auto and banking sectors.
Dow slipped for the 5th day due to selling in banking stocks, Dow Index closed down 400 points from the day's high.
The news of the bankruptcy of Silicon Valley Bank has put pressure on banking stocks around the world.