In the Indian Stock Market, the Indian Stock Market saw a strong boom on Monday, but it was seen on Tuesday. Due to the Israel-Airan Conflict between Israel-Iran, both the Sensex-Nifty index surprised investors and sometimes they were seen doing business in the green zone. However, within a few minutes, the 30-share Sensex of Bombay Stock Exchange slipped more than 250 points, while the National Stock Exchange’s NIFTY was seen trading around 80 points. In early trade, INSUSIND Bank, Tata Motors to Sunpharma Share were seen collapsing.
Sometimes red, sometimes index in green zone
The trading started in the stock market on Tuesday. The BSE Sensex started trading at 81,869.47 with a slight lead from its previous closed 81,796.15 level and suddenly slipped in just 1 minute and started trading in the red zone. In the initial businessman, there was some time in red and sometimes in Green, after which the BSE Sensex fell sharply and it fell around 250 points to trading at 81,549.93.
Like the Sensex, the NSE Nifty index also opened at 24,977.85 compared to its previous closure of 24,946.50 and then suddenly slipped into the red zone and then the next moment it jumped up to the level of 24,982. However, till the news was written, it was trading at 24,867.95 with a decline.
Strong decline in these 10 shares
Talk about the decline in the stock market, the shares of trading shares were trading with a decline of Sunpharma Share (1.57%), Indusind Bank Share (1.40%) and Tata Motors Share (1.27%). Apart from this, the VMM Share (5.36%), Glaxo Share (1.50%) and Lupin Share (1.17%) were included in the midcap category. Talk about smallcap companies there, then SCI Share (5.97%), Suven Share (4.12%), Indorama Share (4%) and Baluforge Share (3.76%) were seen trading and trading.
234 shares Green, 130 shares open in red zone
In early trade, shares of around 234 companies in the stock market started trading in the Green Zone with an edge compared to their previous bandh, while 130 companies had shares that were open in the red zone with a decline. Apart from this, there was no change in the position of 42 shares. The shares of Axis Bank, Kotak Mahindra Bank, NTPC, SBI, ICICI Bank had a strong opening on Nifty, while Indusind Bank, ONGC, Tata Motors, Titan Company, Trent and Bajaj Finance were opened with fall.
(Note- Be sure to consult your market experts before any kind of investment in the stock market.)