Share Market Crash: Huge fall in the stock market, Sensex fell by 1600 points, there is a big fear of war among investors.

US Israel Iran War Impact On Indian Stock Market: Due to the deepening war and increasing tension in the Middle East, there was heavy selling and chaos in the Indian stock market today. Wednesday morning was like a nightmare for investors as the market plunged deep into the red as soon as it opened. The escalating conflict and the sudden surge in crude oil prices have created an atmosphere of great uncertainty on Dalal Street. This heat of war has deeply affected the savings and investments of the common man due to which everyone is now very worried.

Huge uproar in Sensex and Nifty

At 9:16 am today, the Sensex fell 1,644 points to 78,594.94, a huge fall of 2.05 percent. Nifty 50 also did not lag behind under the selling pressure and recorded a decline of 1.95 percent which brought it to 24,380.45. Market experts have warned that if Nifty remains below 24,400, this dangerous phase of decline will continue further.

War and the deepening crisis of crude oil

Iran’s missile attacks on the US airbase in Bahrain and Israel’s massive bombing in Lebanon have completely frightened global investors. Due to the war, the prices of crude oil have increased due to which there is a danger of inflation in a country like India dependent on oil imports. According to expert Dr. VK Vijayakumar, in this period of uncertainty, there is a possibility of trade deficit increasing and the country’s economic growth rate slowing down.

Important advice from experts for investors

Amidst this historic market decline and uncertainty, experienced experts have given important advice to all investors to maintain patience and calm. He says that panicking and exiting the market could be a wrong decision because the markets often bounce back strongly after major shocks. From a long term perspective, there can be good investment opportunities in sectors like banking, pharma and defence, which should be chosen wisely.

Also read: ED tightened its grip on Sahara Group, seized land and financial documents, arrested three accused.

Adverse impact of war on global markets

Along with the Indian market, the trend of decline in the American and Asian markets also continued with full speed for the third day today. Now the demand for gold as a safe investment has increased significantly due to which the prices of gold in the international market jumped by 1 percent. With the dollar hitting a three-month high, foreign investors have started moving away from other currencies like the euro and pulling out their capital.