Sensex fell 1705 points in two consecutive trading sessions, smallcap-midcap fell 1.50 percent

Stock Market Closing: Due to global challenges, a big improvement was seen in the Indian stock markets today. The Sensex has lost 1705.36 points in the last two trading sessions. Due to this, investors’ capital has reduced by Rs 7.56 lakh crore.

Tension is increasing between Middle Eastern countries. Tension has increased after Iran attacked Israel with more than 300 missiles and drones. As a result, global supplies of commodities, crude oil and some metals are likely to be affected. The possibility of the US Fed delaying interest rate cuts has also increased. All these factors along with record high profit-booking have led to a decline in the Indian stock market.

Today it closed 845.12 points down at 73399.78. Nifty also broke the psychological level of 22300 and closed at 22272.50, falling 246.90 points. Midcap and smallcap indices also closed down by 1.50 percent. Except energy and oil-gas, all sectoral indices closed in the red zone.

Only three stocks in Sensex are in green zone

Out of total 4049 shares traded on BSE, 913 shares declined, while 2991 shares closed with gains. Today 421 shares hit lower circuit. 164 stocks reached year’s high and 277 closed in the upper circuit. Among the 30 Sensex pack, only 3 Nestle India and Maruti Suzuki rose more than 1 per cent, while Bharti Airtel closed up 0.16 per cent, while the other 27 shares declined up to 2.70 per cent. Which indicates selling pressure with the overall market breadth being negative.