Indian Share Market Down Today: Trading has started with a huge fall in the Indian stock market on Tuesday. The impact of bad signals from Asian markets is clearly visible on the domestic market today. Wall Street also closed on a mixed note overnight, which has completely shaken the confidence of common investors. With the opening of the market, heavy selling and pressure is being seen in all the major stocks.
Earlier on Monday, a very good and spectacular rise was recorded in the domestic stock markets. But today the market environment seems to have completely changed and there are red marks all around. The morning live chart of GIFT Nifty also gave important indications of a negative start for the Indian stock market. Market experts and big experts have advised all investors to be extremely cautious in the current situation.
Latest status of Sensex and Nifty
This morning in the stock market, BSE’s 30-share index Sensex opened 8 points down at the level of 77086. Whereas NSE’s 50-share benchmark index Nifty opened with a huge fall of 31 points at 24071. As soon as the market opened, this decline became very fast due to which the Sensex fell by 188 points to the level of 76905. Similarly, Nifty also fell by 47 points to 24055 due to which there is a lot of disappointment in the market.
Important trading advice from experts
Market experts today have given important advice to investors to buy 8 strong stocks for intraday trading. These include major stocks like Bharat Forge Limited, Adani Green Energy, Varun Beverages and Jindal Steel. Experts of Choice Broking and Anand Rathi have also talked about investing in Tata Power and Marsons Limited. Ajit Mishra of Religare Broking has asked to keep his buying view till Nifty remains above 23,700.
Crude oil and US decisions
US President Donald Trump has placed great emphasis on preventing Iran from acquiring nuclear weapons. He has said that stopping Iran at any cost is more important than the possibility of a worldwide recession. There has been a slight rise in the prices of crude oil and Brent crude futures increased by 0.19 percent to $ 78.05. US West Texas Intermediate also rose 0.39 percent and firmly reached the important level of $ 74.15 per barrel.
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Market forecast of various sectors
In today’s highly volatile stock market environment, it is strongly advised to keep an eye on certain sectors. According to market experts, in the current situation, investment in pharma, defence, banking and auto sectors is quite beneficial. Apart from this, important segments like realty have also been kept very prominent in the list of priorities. On the other hand, investors have been warned to completely avoid taking aggressive positions in IT sector shares.
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