Israel Iran war has an impact on the stock market, investor alert due to heavy ups and downs

Share Market News in Hindi: The Sensex and Nifty declined in early trade on Thursday as per the weak trend from the global markets. However, both of them later started trading with a flat stance in heavy ups and downs. It is believed that the perception of investors has been affected by the Iran-Israel struggle.

The BSE Sensex fell by 253.62 points to 81,191.04 points in early trade while NSE Nifty slipped 73.95 points to 24,738.10 points. However, later both the markets saw heavy ups and downs and they started trading with a flat stance. However, at 11.30 am, the BSE Sensex fell 35 points to 81,483.75 points and the Nifty was trading at 24,802.70 with 9.35 points.

Among the 30 companies included in the Sensex, Tech Mahindra, Adani Ports, HCL Tech, Infosys, IndusInd Bank, Tata Consultancy Services, Tata Steel and Power Grid were the most damaged shares. The share of Titan, Mahindra & Mahindra, Kotak Mahindra Bank, Tata Motors, Axis Bank and Larsen & Tobro were in profit.

Among the Asian markets, South Korea’s Cappey, Japan’s Nikki 225, Shanghai SSE Composite and Hong Kong’s Hangseng were in disadvantage. The American markets were closed with mixed trend on Wednesday. International standard Brent crude fell by 0.27 percent to $ 76.49 per barrel.

According to the stock market data, foreign institutional investors (FIIs) were living on Wednesday and purely bought shares worth Rs 890.93 crore. Domestic institutional investors (DIIs) also bought shares worth Rs 1,091.34 crore.

SEBI gives relief to share brokers : Securities and Exchange Board of India (SEBI) on Wednesday announced to launch a disposal scheme for some share brokers doing business on the National Spot Exchange Limited (NSEL) platform. This much-awaited step is expected to provide great relief to those traders whose money has been stuck since the NSEL payment crisis in July 2013. By selecting this scheme, these brokers will be able to solve the pending proceedings and bring them to the conclusion soon.

For example, if an AIF scheme invests Rs 100 crore in a company, and the total capital requirement is Rs 300 crore, then the fund manager can now give investors an additional Rs 200 crore investment opportunity under the scheme.

Edited by: Nrapendra Gupta