Stock Market Crash: Third World War call out the power, Sensex and Nifty stream of Indian stock market
Stock market opening today: The Indian stock market started with a shock on Monday morning. On the first day of the week, Sensex fell to about 704 points, or 0.85% in pre-opening trading, to 81,704 while NIFTY was seen trading at 172 points i.e. 0.69% to 24,939. However, in early trade, the market was seen to be a bit. In today’s early trade, at 9:18 am, the Sensex was trading 582.45 points (0.71%) to 81,825.73 and the Nifty was trading at a level of 176.60 points (0.70%) to 24,935.80.
Why the decline in the market? , In fact, the US has attacked Iran’s nuclear bases and Israel was also involved in this attack. This has increased tension in the middle East. This is the reason that not only the Indian market, but also in Asian markets, there was a huge decline.Also Read: What is the secret of stormy boom in Indian stock markets during the war time? How will the last week of June be?
The condition of Asian markets is disturbed: Oil prices have also come to a boil after the US entry in the ongoing war between Israel -Iran. Crude oil has jumped by about 2.7% to $ 79.12 per barrel while America’s crude rose 2.8% to $ 75.98 per barrel. This is the most high level since January this year, while the condition of Asian markets was also weak. Japan’s Nikkei index fell 0.6%, South Korea’s market 1.4% and Australia’s market broke 0.7%. MSCI’s Asia-Pacific index is also 0.5% broken.Also Read: Share Bazaar has a boom in the fourth consecutive day, bank shares gained 256 points, Nifty also got stronger
The stock market performed well last week: Last week, the Indian stock market performed well by ignoring the middle East tension and rapid crude oil. On Friday, the Sensex climbed 1,046 points (1.29%) to close at 82,408, while the Nifty rose 319 points (1.29%) to 25,112. In the entire week, the Sensex saw 1,289 points i.e. 1.58% and the Nifty 393.8 points i.e. 1.59%. But now the situation has changed. The increasing tension between the US and Iran and the rapid crude oil pressure on the market is clearly visible. Investors are afraid that the situation may worsen if Iran reverses.
Edited by: Ravindra Gupta
