Share Market Today: Bloodbath at the Dalal Street continues as India’s benchmark indices, Sensex and Nifty 50 opened the trade of Wednesday, February 12, in red. Sensex tumbled 763.74 points to 75,529.86, whereas Nifty50 hit the low of 22,850.45 in the early trade. Indian equities follow the global trend.
Moreover, Sensex and Nifty 50, settled down in red on Tuesday, February 11, 2025, as well. The Sensex tumbled by 1018.20 points to settle at 76,293.60 on Tuesday. Meanwhile, Nifty50 was down 309.80 points to settle at 23,071.80 points.
Share Market Bloodbath: How This Could Be An Opportunity?
Robert Kiyosaki, investor and the author of the book ‘Rich Dad Poor Dad’, in his tweet on January 27 predicted that February 2025 will witness the worst share market crash of the history. He wrote on X, “I warned the buggiest stock market crash in history was coming. That crash will be in February 2025.”
However, he also explained how this could be an opportunity for the several investors. He wrote, “Good news because in a crash everything goes on sale. Cars and houses on sale now. Better news, billions will leave the stock and bond markets and rush into Bitcoin.” “Bitcoin will boom, boom, boom. Get on board while you can. Get out of fake and into crypto, as well as gold and silver. Even one Satoshi will make you rich, while millions lose everything. Take care,” he wrote.
In RICH DADs PROPHECY-2013 I warned the buggiest stock market crash in history was coming. That crash will be in February 2025.
— Robert Kiyosaki (@theRealKiyosaki) January 27, 2025
Good news because in a crash everything goes on sale. Cars and houses on sale now.
Better news billions will leave the stock and bond markets and…
What’s Behind The Bloodbath?
- The Indian rupee is continuously witnessing decline. The INR is hitting fresh lows on almost every day.
- US President Donald Trump said that the new 25% tariffs would be imposed on all steel and aluminum imports, in addition to existing duties. This led to the fall of several stocks.
- The recent Delhi election results, which saw the BJP secure a decisive victory, were anticipated to bring stability to market sentiment.
- Union Budget, presented on February 1 and RBI’s MPC decision to cut the repo rate by 25 basis points (bps) to 6.25% failed to impress the equity markets.
Continuous selling by the foreign investors in Indian equities. Foreign investors have pulled out Rs 10,112 crore from Indian equities this month so far.
ALSO READ: Share Market: Bloodbath At Dalal Street Continues – Sensex Tumble Over 760 Points In Early Trade
