Share Market: Market sold off due to Iran-Israel tension
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Stock Market Closing Bell: Amid Iran-Israel tension in the Middle East and weak signals from the global market, the Indian stock market fell sharply in pre-opening. After this, Sensex and Nifty were seen trading under continuous selling pressure. There was a decline in midcap and smallcap for the second consecutive day. Till the closing bell, the Sensex slipped 1.14 percent or 845.12 points and closed at 73,399.78. Whereas, Nifty fell by 1.10 percent or 246.90 points and closed at 22,272.50. Today 4048 companies were trading in the market. In this, 2995 companies were closed doing business at loss. Whereas, the stocks of 915 companies showed a green mark. There was no change in the share prices of 138 companies.
How was the trading on Sensex-Nifty?
In the 30-share Sensex on BSE, except the stocks of Nestle, Maruti and Bharti Airtel, the remaining 27 companies saw a decline. At the same time, red mark was seen in all the sectors on Nifty except Oil and Gas sector. Nifty Bank saw a decline of 791 points, Financial Services 375 points, FMCG 526 points, IT 554 points and Consumer Durable 438 points. ONGC, Hindalco, Maruti, Nestle, Britannia and Bharti Airtel stocks were among the top gainers on Nifty. Whereas, stocks of Shriram Finance, Wipro, ICICI, Bajaj Finance, Bajaj Finserv and Adani Ports joined the category of top losers.
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how was the morning business
Sensex fell by 929.74 points in early trade. BSE’s 30-share index Sensex fell 929.74 points to 73,315.16 points. Whereas, NSE Nifty slipped 216.9 points to 22,302.50. However, during the day, shares of IT services major Tata Consultancy Services had gained about one percent. In Asian markets, Japan’s Nikkei 225, Hong Kong’s Hang Seng and South Korea’s Kospi were in loss, while China’s Shanghai Composite was in profit. American markets closed with a negative trend on Friday. Global oil benchmark Brent crude futures were trading 0.17 percent lower at US $ 90.30 per barrel.
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