Stock Market Down: The Indian stock market has started with a huge fall and due to the impact of Iran-Israel tension, the stock market is in a huge decline. BSE Sensex fell 1264.20 points or 1.50 percent to open at 83,002.09. There is a big decline in the market due to two reasons. SEBI’s new framework regarding F&O is one reason for this and the effect of Israel-Iran tension is visible after a day’s holiday. Although the market opened with a strong decline, the F&O framework seems to be a bigger reason for this.
Know the level of NSE Nifty
NSE’s Nifty opened at 25,452.85, falling 344.05 points or 1.33 percent and its shares seem to be falling continuously. Along with NSE Nifty, Bank Nifty has also opened on a huge decline and a fall of up to 550-600 points has been seen in the initial minutes.
Red color dominates the fall in Nifty shares
46 out of 50 shares of NSE Nifty are trading with a rise and only 4 shares are seeing a slight rise. Today, due to the new framework of F&O segment, there is a shadow of decline on Sensex and Nifty. Iran-Israel tension is also a major reason behind this.
Situation of Sensex shares after half an hour
Currently, 22 out of 30 shares of BSE Sensex are in decline and only 8 shares are showing rise. Among the rising stocks, JSW Steel, Tata Steel, NTPC, SBI, Infosys, UltraTech Cement, Sun Pharma, IndusInd Bank and Titan are seeing a rise. Among the falling stocks are Asian Paints, Titan, L&T, Reliance Industries, Kotak Bank, Maruti, HDFC Bank, Axis Bank and Bajaj Finserv.
What is the condition of the stock market after 20 minutes?
At 9.35, the Sensex is down by 603.57 points or 0.72 percent and has come to 83,662.72. This means that the market has recovered half the level from the decline at which it opened. Nifty is still down by 224.75 points or 0.87 percent and is trading at 25,572.15.
Strong decline in market capitalization of BSE
The market cap of BSE currently stood at Rs 471.82 lakh crore and investors have lost more than Rs 5 lakh crore in it 20 minutes after the market opened. It has slipped to Rs 471 lakh crore which was more than Rs 476 lakh crore.
What is the situation in the sectoral index?
In the sectoral index of Nifty, except Media, Metal, Pharma, all the sectors have seen a decline and in this, FMCG shares along with Bank Nifty, Auto, Realty, Oil and Gas have fallen the most. IT seems to be the main leader of today’s decline and bank shares are also following this decline.
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