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Stock Market Plummets
Stock Market Plummets: Direct Impact of Iran-Israel War, Sensex Falls by 850 Points
Stock Market Crash: As tensions between Iran and Israel escalate, the impact has been felt directly on the Indian stock market. The Sensex crashed immediately upon opening today. After the holiday on October 2, the market reopened on Thursday with a significant fall of 850 points in the Sensex.
The conflict between Iran and Israel has intensified. After Hamas, Israel has now opened a front against Hezbollah and Iran, with consequences being observed globally. After the market holiday on October 2, the Sensex fell by 850 points when the markets reopened on Thursday. Investors had anticipated the dip, but the sharp decline during the festive season has left many disappointed. The darker the war clouds, the harder it will hit the stock market, worrying investors. Today, the NSE Nifty also saw a drop of more than 250 points.
Bombs There, Chaos in Markets Here
The Indian stock market felt the heat of the Iran-Israel war. As soon as the market opened on Thursday, it nosedived. The 30-share BSE Sensex plummeted by 995.92 points, opening at 83,270.37 points. Similarly, the NSE Nifty recorded a fall of 269.80 points. Nifty is currently trading at 25,618.45 points after a drop of 182.20 points. The market slid like a house of cards as soon as it opened.
Market in Panic Mode
On Tuesday, Iran launched an attack on Israel, sparking fears of a full-blown war. This had a direct effect on crude oil prices, which surged. The markets were closed on Wednesday due to Gandhi Jayanti. When the Indian stock market reopened today, the impact of the Iran-Israel war was visible. The BSE Sensex had closed at 84,266 points on Monday, but it plummeted by 850 to 995.92 points afterward.
As today's trading session commenced, about 620 shares showed positive momentum, while 2024 companies experienced sharp declines, turning the market red. Meanwhile, 149 shares saw no change. Shares of companies like Tata Motors, Asian Paints, Tata Consumer, Hero MotoCorp, and ICICI Bank quickly dipped.
Early Signals of Market Decline
Signals of a market downturn had already emerged amidst the ongoing war crisis. The U.S. stock market had registered a decline the previous day, which prompted cautious action from investors as the Indian market opened today. The signs were evident in the pre-open market itself. The market saw a steep fall, with the Sensex dropping by as much as 1200 points in the pre-trading session.
Stock Market Plummets: Direct Impact of Iran-Israel War, Sensex Falls by 850 Points
Stock Market Crash: As tensions between Iran and Israel escalate, the impact has been felt directly on the Indian stock market. The Sensex crashed immediately upon opening today. After the holiday on October 2, the market reopened on Thursday with a significant fall of 850 points in the Sensex.
The conflict between Iran and Israel has intensified. After Hamas, Israel has now opened a front against Hezbollah and Iran, with consequences being observed globally. After the market holiday on October 2, the Sensex fell by 850 points when the markets reopened on Thursday. Investors had anticipated the dip, but the sharp decline during the festive season has left many disappointed. The darker the war clouds, the harder it will hit the stock market, worrying investors. Today, the NSE Nifty also saw a drop of more than 250 points.
Bombs There, Chaos in Markets Here
The Indian stock market felt the heat of the Iran-Israel war. As soon as the market opened on Thursday, it nosedived. The 30-share BSE Sensex plummeted by 995.92 points, opening at 83,270.37 points. Similarly, the NSE Nifty recorded a fall of 269.80 points. Nifty is currently trading at 25,618.45 points after a drop of 182.20 points. The market slid like a house of cards as soon as it opened.
Market in Panic Mode
On Tuesday, Iran launched an attack on Israel, sparking fears of a full-blown war. This had a direct effect on crude oil prices, which surged. The markets were closed on Wednesday due to Gandhi Jayanti. When the Indian stock market reopened today, the impact of the Iran-Israel war was visible. The BSE Sensex had closed at 84,266 points on Monday, but it plummeted by 850 to 995.92 points afterward.
As today's trading session commenced, about 620 shares showed positive momentum, while 2024 companies experienced sharp declines, turning the market red. Meanwhile, 149 shares saw no change. Shares of companies like Tata Motors, Asian Paints, Tata Consumer, Hero MotoCorp, and ICICI Bank quickly dipped.
Early Signals of Market Decline
Signals of a market downturn had already emerged amidst the ongoing war crisis. The U.S. stock market had registered a decline the previous day, which prompted cautious action from investors as the Indian market opened today. The signs were evident in the pre-open market itself. The market saw a steep fall, with the Sensex dropping by as much as 1200 points in the pre-trading session.
Stock Market Crash: As tensions between Iran and Israel escalate, the impact has been felt directly on the Indian stock market. The Sensex crashed immediately upon opening today. After the holiday on October 2, the market reopened on Thursday with a significant fall of 850 points in the Sensex.
The conflict between Iran and Israel has intensified. After Hamas, Israel has now opened a front against Hezbollah and Iran, with consequences being observed globally. After the market holiday on October 2, the Sensex fell by 850 points when the markets reopened on Thursday. Investors had anticipated the dip, but the sharp decline during the festive season has left many disappointed. The darker the war clouds, the harder it will hit the stock market, worrying investors. Today, the NSE Nifty also saw a drop of more than 250 points.
Bombs There, Chaos in Markets Here
The Indian stock market felt the heat of the Iran-Israel war. As soon as the market opened on Thursday, it nosedived. The 30-share BSE Sensex plummeted by 995.92 points, opening at 83,270.37 points. Similarly, the NSE Nifty recorded a fall of 269.80 points. Nifty is currently trading at 25,618.45 points after a drop of 182.20 points. The market slid like a house of cards as soon as it opened.
Market in Panic Mode
On Tuesday, Iran launched an attack on Israel, sparking fears of a full-blown war. This had a direct effect on crude oil prices, which surged. The markets were closed on Wednesday due to Gandhi Jayanti. When the Indian stock market reopened today, the impact of the Iran-Israel war was visible. The BSE Sensex had closed at 84,266 points on Monday, but it plummeted by 850 to 995.92 points afterward.
As today's trading session commenced, about 620 shares showed positive momentum, while 2024 companies experienced sharp declines, turning the market red. Meanwhile, 149 shares saw no change. Shares of companies like Tata Motors, Asian Paints, Tata Consumer, Hero MotoCorp, and ICICI Bank quickly dipped.
Early Signals of Market Decline
Signals of a market downturn had already emerged amidst the ongoing war crisis. The U.S. stock market had registered a decline the previous day, which prompted cautious action from investors as the Indian market opened today. The signs were evident in the pre-open market itself. The market saw a steep fall, with the Sensex dropping by as much as 1200 points in the pre-trading session.
