The effect of the deepening war between Russia and Ukraine is also visible in India's stock market. The Sensex opened on Wednesday, breaking more than 618 points and opened at 55,629. At the same time, there was a decline in Nifty too, Nifty fell by more than 200 points.
Stock Market: The effect of the deepening war between Russia and Ukraine is also visible in the stock market of India. Due to this fight, there was a downward trend in the stock market. Today i.e. on Wednesday, the decline in the stock market dominated. Significantly, there was a strong fall in the US stock market on the previous day. Its effect is also visible in the Indian stock market today.
The Sensex opened on Wednesday, breaking more than 618 points and opened at 55,629. At the same time, there was a decline in Nifty too, Nifty was down by more than 200 points. Nifty opened today at 16593. Right now i.e. at 11.15 am, there is a fall of 83.77 points in the Sensex. Sensex is currently at 55,346. Whereas, a fall of 219.75 points is being recorded in the Nifty. Right now Nifty is trading at 16,574.
Nifty has recovered a bit by falling: Today the Bank Nifty has registered a decline as soon as it opens. Bank Nifty opened today with a fall of around 800 points. But with increasing business in the market, Nifty also saw a slight rise. Nifty trading has gained some momentum. Were doing business but now improvement is being seen in it. Right now the Nifty is showing a decline near 219.75 points.
Which shares rose: Talking about Nifty Fifty, the share of Coal India is seeing a rise. Coal India is showing a growth of about 7 percent. On the other hand, the shares of Tata Steel are also on the rise. It has a return of 5.83 percent. Talking about Nifty Bank, there is a slight increase in PNB. Whereas, there is a decline in SBI, the largest public sector bank.