Wednesday , December 25 2024

Tsunami in stock market due to Iran-Israel war, Sensex-Nifty opened with decline

The recession continues in the Indian stock market and today the stock market opened with a decline. Sensex-Nifty opened very weak, 1200 shares down and only 300 shares up. The market is not getting support due to the fall of about 450 points in Bank Nifty.

stock market is opening

BSE Sensex opened 507.64 points or 0.69 per cent lower at 72,892 and NSE Nifty opened 147.20 points or 0.66 per cent lower at 22,125.

Impact of Israel-Iran war

The threat of inflation seems to be increasing due to Iran's sudden attacks by drones and missiles on many Israeli targets. Apart from this, import and export is also going to be affected for some countries. Especially the price of crude oil is going to be greatly affected. Meanwhile, big fluctuations have been seen in the stock market.