Share market today: The decline in the domestic stock market has intensified amid tension between India and Pakistan. The Sensex closed down 209 points or 0.26% to close at 80,587.72. The Nifty also fell 74 points to 24386. Only 699 shares on NSE are trading in green mark. So there declined in 1765. A total of 2,538 shares are trading, out of which 34 are in the lower circuit. However, there are 25 shares that have touched the upper circuit.
Amid tension between India and Pakistan, the domestic stock market began to decline only a few minutes after it started firmly. 20 shares in the Sensex are trading in red mark. There is also weakness in shares of big companies like Titan, Tata Motors and Reliance. Mahindra & Mahindra gained the highest profit in the Sensex with a gain of 4 percent.
Investors will look at the monetary policy announcement of the US Federal Reserve on Wednesday, expecting the central bank to keep interest rates unchanged. According to LSEG data, the market is estimating the deduction of about 75 basis points in interest rates by Fed for 2025, with the first relief of at least 25 basis points to be found in the central bank meeting in July.
The Indian stock markets closed up on Monday. The Sensex rose 294.85 points or 0.37 percent to close at 80,796.84, while the Nifty rose 114.45 points or 0.47 percent to close at 24,461.15.
Global signal for Sensex
The Asian markets remained stable, and most of the stock markets in the region remained closed due to holidays. Hong Kong’s Hong Seng Index futures indicated a slightly higher race. Japanese and South Korean markets remain closed due to public holidays.
Gift nifty
The gift Nifty was trading around 24,583. This is a premium of about 30 points from the previous closed price of Nifty Futures, indicating a mild positive start for the Indian stock market indices.
wall Street
The US stock market closed down on Monday. Dow Jones Industrial Average fell at 98.60 points or 0.24 percent to close at 41,218.83, while S&P 500 fell 36.29 points or 0.64 percent. The index closed at 5,650.38. Nasdaq composite also fell 133.49 points or 0.74 percent to close at 17,844.24.
Shares of big companies
Netflix’s share price fell by 1.9 percent, Amazon.com’s share price fell by 1.9 percent, and the share price of Paramount Global fell by 1.6 percent. Berkshire Hathaway shares fell by 5.1 percent. Therefore, the shares of sketches increased by 24.3 percent. Apple’s share price fell by 3.15 percent, while Tesla’s share price fell by 2.42 percent and Ford’s share price fell by 1.07 percent.
Gold rates
Gold prices reached a week’s highest level as investors desirous of safe investment in the midst of Tram’s tariff schemes attracted to gold amid growing concerns. The spot gold prices remained stable at $ 3,330.16, while the US gold futures rose 0.5 percent to $ 3,338.30.
Crude oil
Crude oil prices remained stable after reaching the lowest level of four years in the last session. Brent crude futures rose by 1 percent to $ 60.83 per barrel, while US West Texas Intermediate crude rose 0.98 percent to $ 57.69 per barrel. On Monday, both benchmarks closed their lowest level after February 2021.
