At this time there are situations like war between India and Pakistan. Its effect is also being seen on the local stock market today. At the beginning of the market, there is a huge decline in Sensex-Nifty. The Sensex has fallen drastically. Out of its 30 shares, 29 opened in loss. The BSE benchmark index Sensex opened 1366 points to open at 78968. At the same time, NSE’s major index Nifty fell 338 points to open at 23935.
There was a lot of stir in the local stock market today amidst the situation like war between India and Pakistan. Gift Nifty fell 216 points to 23972 at around 6:45 am. The Indian stock market is ready to respond to the increasing tension between India and Pakistan. Late Thursday evening, Indian air defense units successfully destroyed at least eight missiles fired by Pakistan, targeting the major border areas. On Thursday, the Nifty came down by about 200 points from the highest level of the day, while broad markets saw a sharp decline as India responded to efforts to target military bases in Pakistan.
Let us tell you that the benchmark index Sensex of the domestic stock market declined by about 412 points on Thursday due to heavy selling in the last hour of trading amid growing tension on the Indo-Pakistan border, while the Nifty fell by 140 points. The Sensex fell 411.97 points to close at 80,334.81, with 23 shares at a loss. However, it reached a high level of 80,927.99 at one time due to the Sensex gains and buying.
Business: Local gold falls 500, silver stable for three consecutive days
