Sensex Falls 172 Points, Nifty Closes Below 24,250 Even as Oil Prices Slip. What Lies Ahead?
6 Articles
6 Articles
Stock market today: Sensex falls 170 points, Nifty 50 ends below 24,219; metal stocks shine
The Sensex ended at 77,369, down 172 points, or 0.22%, while the Nifty 50 closed 33 points, or 0.14%, lower at 24,219.05. The Nifty Midcap 150 index inched up by 0.07%, while the Smallcap 250 index declined 0.21%.
Sensex falls 172 points, Nifty closes below 24,250 even as oil prices slip. What lies ahead?
Indian equities reversed early gains to close lower on Monday, with Sensex and Nifty falling around 0.2%. PSU banks led sectoral declines, while metals outperformed. Rising bond yields, elevated crude prices, geopolitical tensions and expected US sanctions on Iran weighed on sentiment. Investors remained cautious amid growing macroeconomic uncertainty.
Mumbai. The impact of rising geopolitical tensions in West Asia and concerns about possible US sanctions on Iran was seen on the Indian stock market on Monday. After an initial rise, selling pressure took over the market and the Sensex and Nifty closed with losses. Sensex fell by 172 points, Nifty also slipped at the end of trading […] The post Impact of rising tensions with Iran on the stock market, Sensex-Nifty closed with losses appeared firs…
The Indian stock market experienced significant volatility on Monday. While early trading offered optimism about the market's progress, selling pressure prevailed by the end. Both the Sensex and Nifty saw sharp declines.
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