Domestic stock market rolled down, Sensex broke over 200 points amidst Israel-Iran struggle
The domestic stock market on Tuesday saw a decline in the domestic stock market amidst faster military conflicts between Israel and Iran. The BSE Sensex declined by 202.10 points at 9.27 am, trading at a level of 81,594.05. Similarly, NSE’s Nifty also slipped 68 points to the level of 24,878.50. In early trade, the Nifty was in the major benefits of Axis Bank, Kotak Mahindra Bank, NTPC, SBI, ICICI Bank, while ONGC, Tata Motors, Titan Company, Trent and Bajaj Finance declined.
Investors are cautious
Investors took vigilance in view of the ongoing struggle between Israel and Iran. Experts said that investors were preferred to be isolated even before the decision of the US Fed interest rate later this week. In the Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index were trading in positive sector, while Shanghai’s SSE Composite Index and Hong Kong’s hanging were low. The US markets closed with an edge on Monday.
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