Share Market Crash: Sensex fell by 1600 points, Nifty fell by 500 points, know in which sector there is outcry?

Share Market Crash: Today, on March 19, a decline is being seen in the stock market. Sensex is trading at 75,100 level, falling by about 1,600 points (2.10%). At the same time, Nifty has also fallen by 500 points (2.08%) and slipped below the level of 23,300. Today, selling pressure is clearly visible in banking and auto stocks.

Amidst geopolitical tensions and war-like situations, there remains a risk of rising inflation. This may reduce the profits of companies. As a result, investors start looking for safer options for investment by selling their shares, which leads to a decline in the market.

3 main reasons for market decline

• Fear of disruption in supply chain due to Iran-Israel conflict.
• Crude oil prices have increased to $112 per barrel.
• Impact of decline in American and Asian markets on India.

Asian markets fall

• South Korea’s KOSPI index is trading at 5,847, down 1.31%.
• Japan’s Nikkei index has fallen 2.47% to 53,875.
• Hong Kong’s Hang Seng index is trading 1.60% lower at 25,608.
• China’s Shanghai Composite index is trading 0.95% down at 4,024.

There was a decline in American markets on March 18

• Dow Jones fell 768 points (1.63%) and closed at 46,225.
• The tech-heavy Nasdaq Composite index fell 1.46% to 22,152.
• The S&P 500 index fell 91 points (1.36%) to close at 6,624.

Yesterday Sensex closed at 76,704

Yesterday, on March 18, there was a rise in the stock market. The Sensex rose by about 633 points (0.83%) and closed at the level of 76,704. Meanwhile, Nifty also rose by 197 points (0.83%) to reach the level of 23,778. Buying was seen in IT and Realty shares today.