Saturday , November 23 2024

Stock markets fell for five consecutive days, Sensex fluctuated by 1800 points, investors lost Rs. 4 lakh crore drowned | News India

Image 2024 10 04t171532.880

Stock Market Closing: The increasing tension in the Middle East has had a major impact on the Indian stock markets. This week, the stock market closed in the red for the fifth consecutive trading session. Investors were happy as Sensex rose by more than 400 points intraday, but a big difference was seen in the stock market during the remarks of Iran's supreme leader.

Intraday volatility 1800 points

Today Sensex closed at 81688.45 with a fall of 808.65 points after fluctuating 1835.64 points. Nifty broke 25000 level intra-day and touched a low of 24966.80. Which finally closed 235.50 points down at 25014.60. Amid the big fall in the stock market, investors have invested Rs. There has been a loss of Rs 4.36 lakh crore.

General selling in sectoral indices resulted in energy index falling by 1 per cent, FMCG by 1.67 per cent, financial services by 1.05 per cent, telecom by 1.25 per cent, auto by 1.50 per cent, consumer durables by 1.35 per cent, power by 1.12 per cent, realty by 1.60 per cent. There was a decline of. Concerns over escalating conflict in the Middle East have raised fears of a possible disruption in crude supplies from the top crude oil-producing region, sending prices higher. In this scenario, net importers like India may be adversely affected. Brent crude futures rose 9 percent to $78 a barrel in October.