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- Stock market updates; Sensex nifty bse nse | Auto it banking share price
Mumbai18 minutes ago
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Yesterday, on May 12, the Sensex declined by 823 points.
After Israel’s attack on Iran, the stock market declined today i.e. on 13 June. The Sensex is trading at 80,800 levels with a decline of 900 points. At the same time, the Nifty is also declining by about 250 points. It is trading at the level of 24,600.
All of the 30 shares of the Sensex decline. Banking, auto and IT share are more declining. The shares of airline companies are also broken after tomorrow’s Air India aircraft crashed. The country’s largest airline IndiGo shares are 4% below. SpiceJet is about 3% broken. At the same time, all the shares of the Tata Group operating the Air India are below.
3 major reasons for market fall
- Israel has attacked Iran. This is the biggest reason for the decline in the market. Whenever war or tension between two big countries increases, investors get nervous and start withdrawing money from the stock market. This time Israel attacked Iran’s nuclear bases and military sites, which fears that the middle of the middle East may increase the war further.
- Crude oil prices rose more than 10% after the attack, as most of the world’s oil comes from the middle East itself. If the supply stops there, oil can be more expensive. This is a matter of more concern for countries like India, because we have to buy most oils from outside. This can increase inflation again.
- Inspectors invest their money in safe places like gold, dollars or American bonds by selling shares in an environment like war. Because of the stock market falls, gold and dollars become expensive. Whenever there is a big tension or war in the world, the market increases and declines.
Asian markets also decline
- In Asian markets, Japan’s Nikkei is trading at 37,665 at 37,665 and Korea’s Kospi is trading at 2,888 at 2,888.
- Hong Kong’s Hangseng index is trading 171 points (0.72%) to 23,863. At the same time, China’s Shanghai Composite is trading 24 points to 3,378.
- On June 12, the US Dow Jones climbed 101 points to close at 42,967. Nasdaq Composite climbed 46 points to 19,662 and S&P 500 gained 23 points to close at 6,045.
Other important updates related to the market:
1. Oswal pumps IPO opened from today
The IPO of Oswal pumps, the pump and motor manufacturer, have opened from today. Investors can apply it by 17 June. The company shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on 20 June.
Oswal wants to raise a total of ₹ 1,387.34 crore through pumps IPO. Out of this, ₹ 890 crore new shares (fresh issues) will be issued and ₹ 497.34 crore shares will be sold under offer for sale (offs).
The market was closed with a decline yesterday
The stock market declined on 12 June. The Sensex closed down 823 points (1%) to close at 81,691. The Nifty also declined by 253 points (1.01%), closed at 24,888.
Of the 30 shares of the Sensex, 27 declined and only 3 rose. Today IT, FMCG, metal and auto shares declined. Tata Motors shares closed down 2.98% and M&M shares closed by 2.30%.
