Share Market crash
Investors lost about 9 lakh crore today due to week global cues .Indian stock market indices nosedived breaking 17000 a crucial level of nifty50 closed after some corrections upside with 17149 on 24 jan according to nse indices data . Five factors that affected market sentiments are as follows: 1- Overvalution of tech companies A Recent surge in tech companies like tesla , microsoft ,wipro ,HCL tech ,etc have overvalued them. Now we have seen that specially from 4-5 five days these stock plunged 15-20% a correction which should be for betterment of any company because high and overvalued firms doesn't always meets with investors expections of high returns and always piles up pressure on companies management. 2- US federal reserve likely to increase interest rates due to rising inflation. To curb the rising inflation fed likely to increase interest rates so investors are looking cautious ahead of FOMC meeting which is scheduled on 25-26...