Stock market continues to fall amid tension in West Asia, Sensex falls 852 points, Nifty below 24200

Mumbai23 april. The Indian stock market was also affected for the second consecutive day due to the increasing tension between Iran and America over the blockade of the Strait of Hormuz and both the benchmark indices closed with a big fall on Thursday. BSE Sensex fell 852.49 points while NSE Nifty fell below the 24,200 level with a loss of 205 points.

The market declined as crude oil once again crossed $100 per barrel due to the halt in US-Iran talks. At the same time, along with the continuous withdrawal of foreign capital, the weak trend in Asian and European markets also affected the investor sentiment.

Sensex 1.09 percentage breakdown 77,664 closed on points

The 30-share sensitive index Sensex of Bombay Stock Exchange (BSE) closed at 77,664 points, falling 852.49 points or 1.09 percent. At one time during trading, it slipped 942.31 points or 1.20 percent to 77,574.18. Among Sensex related companies, shares of five remained strong and 25 showed weakness.

nifty 205.05 by falling points 24,173.05 off on

On the other hand, the National Stock Exchange (NSE) standard index Nifty based on 50 shares fell by 205.05 points or 0.84 percent and closed at 24,173.05 points. Among the companies associated with Nifty, 17 stocks remained in the green while 33 stocks recorded a decline. If we look at the broader market, BSE Midcap Select Index related to medium companies declined by 0.39 percent and Smallcap Select Index declined by 0.34 percent.

Sectoral Index : In PSU Bank 2.36 percentage weakness

If we look at the sectoral indices, there was a decline of 2.36 percent in PSU Bank, 2.27 percent in Vehicle, 1.91 percent in Realty, 1.71 percent in Consumer Discretionary Goods, 1.63 percent in Consumer Durable and 1.46 percent in Bankex. On the other hand, there was a growth of 1.66 percent in health care, 0.40 percent in capital goods, 0.40 percent in electricity and 0.11 percent in industrial goods.

Trent’s stocks fell the most by 4.21 percent

Among the companies included in the Sensex group, Trent’s stock declined the most by 4.21 percent. Bajaj Finserv, Tech Mahindra, Mahindra & Mahindra, Infosys and HDFC Bank also declined significantly. On the other hand, Adani Ports, Larsen & Toubro, Sun Pharma, Bharti Airtel and Bharat Electronics were among the gainers.

FII has 2,078.36 Sold shares worth crores of rupees

According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 2,078.36 crore on Wednesday. At the same time, global oil standard Brent crude rose by 1.89 percent to reach $ 103.8 per barrel.