The Indian market has been going through a period of upheaval for the past few days.
newscrab October 23, 2024 01:39 AM

The Indian market has been going through a period of upheaval for the past few days. Both Sensex and Nifty are witnessing a huge decline. Selling has been dominating the stock market for the past few weeks.

Share Market Latest Update : The Indian market has been going through a period of upheaval for the past few days. Both Sensex and Nifty are witnessing a huge decline. Selling has dominated the stock market for the past few weeks. On Monday, the market opened with a gain of 500 points, but within a few minutes it suddenly slipped down by 300 points. The market movement is surprising investors. On Monday, the markets closed with a red mark amid profit booking, the Sensex closed with a decline of 73.48 points at 81,151.27 points, while the Nifty closed with a decline of 72.95 points. 

 The impact of global signals, Iran-Israel war and China's move is visible on the market. Investors are keeping an eye on domestic equity benchmarks Sensex and Nifty 50. After closing with a red mark on Monday, Sensex and Nifty are expected to open on a cautious note today. Based on the signals received from Nifty, it is expected that the market may trade flat or with a slight increase. 

State of the global market

If we talk about Asian markets, weakness is being seen there. Nikkei is trading with a decline of 531.15 points. Straits Times has fallen by 0.10 percent. Hang Seng is seeing a decline of 0.22 percent. Taiwan's market is trading with a weakness of 0.37 percent. The condition of American markets is also bad. Dow Jones Industrial Average and S&P 500 closed with a decline on Monday. While Dow Jones fell by 344.31 points, S&P 500 fell by 0.18 percent. 

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