Share Market Update: Chaos in the stock market, huge fall in Sensex and Nifty, investors lost crores of rupees.

Global Cues Affect Indian Market: Today on Friday, the beginning of the stock market was quite disappointing for the investors and the market went into the red as soon as it opened. Bad signals from the global market also put pressure on Dalal Street due to which both the Sensex and Nifty fell below important levels. Due to the impact of global signals on the Indian market, a period of selling started in the early trading itself and big stocks of many big companies crashed. It was a very volatile day for common investors as profit-booking has completely put a brake on the market momentum, which has increased the concern.

Situation of Sensex and Nifty

In today’s trading day, Sensex fell by 308 points to the level of 81940 while Nifty also fell by 96 points to the level of 25399. The market started with a slight loss of Rs 82220 but the fall gradually deepened due to which there was a lot of turmoil in the market. Around 9:50 am, Sensex was at 82871 with a loss of 377 points and Nifty was trading at the important level of 25352, down 144 points.

Huge weakness in big stocks

The main reason for today’s fall in the market has been the huge weakness in big stocks like UltraTech, Hindustan Unilever, Maruti, Airtel and Bajaj Finserv. Due to selling in the shares of these big companies, the indices failed to recover and the sentiment of the investors also appeared quite weak since morning. Pressure is clearly visible in the shares of IT and auto sector, due to which the red mark and losses in the portfolio of common people are increasing.

Deep pressure from global markets

Impact of last night’s huge fall in American markets today indian stock market But this was clearly visible where massive selling was seen in tech stocks. The Nasdaq Composite fell 1.18 percent, while shares of big tech companies like Nvidia and Microsoft also closed significantly lower yesterday. In Asian markets too, Japan’s Nikkei and South Korea’s Kospi are trading in decline due to which there is an atmosphere of nervousness among Indian investors.

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Fall in crude oil prices

Crude oil prices have seen some moderation and stability in the international market amid news of progress in nuclear talks between America and Iran. The price of Brent crude fell 0.35 percent to $ 70.50 per barrel, while US West Texas Intermediate crude also fell 0.32 percent. Although market experts believe that falling prices of crude oil can provide relief to India, but at present the market is keeping an eye only on global tensions.