Share Market: Investors got a shock as soon as the stock market opened, Sensex opened at 77976 points, Nifty also fell.

Share Market Fall: The stock market started with a slight decline today. BSE’s 30-share benchmark index BSE Sensex opened with a decline of 12 points at 77,976, while NSE’s 50-share index Nifty 50 opened with a weakness of 30 points at 24,166.

Talking about global signals, pressure was seen in Asian markets today. Investors remained cautious amid US-Iran tensions and global uncertainty. Japan’s Nikkei 225 fell about 0.7%, with Topix down 0.62%. South Korea’s Kospi slipped 0.43% and Kosdaq slipped 0.35%. Hong Kong’s Hang Seng index futures are also indicating a weak start, leading to a mixed but mostly negative trend in Asia.

Gift Nifty also fell by 56 points

The movement of GIFT Nifty is also giving weak signals for the Indian market. It was trading around Rs 24,140, ​​a discount of about 56 points from the previous close of Nifty futures. This indicates that there may be initial pressure on the domestic market.

However, US markets showed a different picture. There was strength on Wall Street on Thursday. The Dow Jones Industrial Average rose about 115 points, or 0.24%, to close at 48,578.72. The S&P 500 also gained 0.26% to 7,041.28, while the Nasdaq Composite climbed 0.36% to 24,102.70. Both major indexes also touched record highs during the day.

Fall in crude oil prices

A decline in crude oil prices was seen in the commodity market. Both Brent crude and WTI weakened by more than 1%. At the same time, there was a slight increase in gold prices, because the demand for safe investment remains amid US-Iran tension and global uncertainty.

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Even in the last trading session, the stock market closed under pressure, where both Sensex and Nifty recorded a slight decline. Experts believe that the market may continue to fluctuate at present, but the strategy of buying in decline can be beneficial in the long run.

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