American Airstrike at Baghdad: stir in stock markets across the world, big drop in Sensex-Nifty
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US strike at Baghdad Airport in Iraq has caused a stir in the stock markets around the world. This is the reason why the Indian stock market recorded a big fall on the last trading day of the week.
- Around 2.30 in the afternoon, there was a decline of 215 points in the sensex and it came down to the level of 41 thousand 400 points.
By 12 noon, the Sensex has fallen by nearly 200 points to reach 41425 points. At the same time, the Nifty had lost about 65 points.
- Earlier, the Bombay Stock Exchange (BSE) Sensex opened down by 119 points. While the National Stock Exchange (NSE) Nifty started 21 points down at 12,261.10.
Barring Sun Pharma, TCS, HCL and Infosys, most shares of BSE index were seen trading on the red mark.
During the business, the share of India Infoline (IIFL) Securities increased by 5 percent. Let me tell you that India's legendary investor Rakesh Jhunjhunwala has placed a big bet on India Infoline (IIFL) Securities. Rakesh Jhunjhunwala bought 27.85 lakh shares of IIFL on Thursday. The value of one share is Rs 42.83. This is the reason why the company's stock has increased.
Crude oil strength
Due to the attack in Baghdad and the death of the Iranian general in it, the price of crude oil in the international market became 4 percent stronger. Due to this, pressure has been put on oil marketing companies. Japan's Nikkei 225 is also traded in the red mark. China's CSI300 index has also fallen 0.25%.
Fall in rupee
On Friday, the rupee also started declining. The rupee fell 12 paise to open at 71.49 against the dollar. The Sensex saw consolidation in about 417 stocks and a fall in 435 stocks.
Major stocks rising included GAIL, ONGC, TCS, Infosys, HCL Tech etc., while the leading stocks falling included G Entertainment, BPCL, Vedanta, Asian Paints, Tata Motors and SBI. Apart from IT, there is a decline in all sectors.