Iran-Israel tension dominates market mood
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Stock Market Closing Bell: Amidst the fear of increasing tension in West Asia and very weak signals from the global market, the Indian stock market broke in the pre-opening itself. There was an atmosphere of gloom in the market the whole day. However, the bullish trend continued in midcap and small cap. Before the market closed, Midcap was trading at 40,321.04 with a gain of 27.32 points. Whereas, on Sensex, small cap was seen trading at 45,456.47 with a rise of 289.60 points. Whereas, till the closing bell, the Sensex was at 72,943.68 with a rise of 0.62 percent i.e. 456.10 points. Whereas, Nifty closed at 22,176.75 with a gain of 0.43 percent or 95.75 points. Today 3919 companies were trading in the market. In this, stocks of 1620 companies closed trading in loss. Whereas, a rise was seen in the stocks of 2183 companies. There was no change in the share prices of 116 companies.
How was the trading on Sensex-Nifty?
On BSE’s 30-share Sensex, there was a rise in the stocks of six companies, while the stocks of 24 companies remained in the red. Mixed trading was seen on Nifty. A rise of 238 points was seen in the FMCG sector. Apart from this, growth was seen in Auto, Pharma, Health Care, Consumer Durable and Oil and Gas. Whereas, a fall of 891.75 points was seen on Nifty IT and a fall of 250 points on Bank. Stocks of Eicher Motors, Hindustan Unilever, Titan, ONGC and HDFC Bank were among the top gainers on Nifty. Whereas, stocks of Infosys, IndusInd, Bajaj Finserv, Wipro, Tech M and JSW Steel were included in the category of top losers.
Also Read: If Israel and Iran fight, India may suffer a big loss, understand the whole thing
how was the morning business
Forex traders said that investors’ sentiments were also affected due to continuous selling by foreign institutional investors (FIIs) and high prices of Brent crude oil. BSE’s 30-share index Sensex fell 585.63 points to 72,814.15 points. NSE Nifty slipped 168.65 points to reach 22,103.85 points. In Asian markets, Japan’s Nikkei 225, Hong Kong’s Hang Seng, South Korea’s Kospi and China’s Shanghai Composite remained in loss. American markets closed with a negative trend on Monday. Brent crude futures, the global oil benchmark, were trading 0.58 percent higher at US $ 90.62 per barrel.
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