Stock market crashes due to tension between Iran and Israel, Sensex falls 900 points, Nifty also falls
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New Delhi (Uttam Hindu News): Trading started with a heavy fall in the Indian stock market today. Both the stock market indices Sensex and Nifty opened in the red. In early trade, Sensex fell 929.74 points to 73,315.16 and Nifty fell 216.9 points to 22,302.50.
Last week, the market valuation (market cap) of seven of the 10 most valuable Sensex companies increased by Rs 59,404.85 crore. Stock markets were closed on Thursday on the occasion of ‘Eid-ul-Fitr’. After record breaking rally last week, Sensex fell marginally by 3.32 points. The 30-share Sensex of BSE had closed at its all-time high of 75,038.15 points on Wednesday. Whereas on Tuesday it reached its all-time high of 75,124.28 points during trading.
Foreign portfolio investors (FPIs) have infused a net Rs 13,300 crore into Indian stock markets in the first two weeks of April. According to depository data, FPIs have invested a net Rs 13,347 crore in Indian stocks this month (till April 12).
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