By Admin 
Share Market Updates: Once again a big decline is being seen in the Indian stock market. After losing its initial lead, Sensex has now fallen by more than 1000 points. Currently it seems to be trading between 77100-77200. At the same time, Nifty has also fallen by more than 300 points and gone below the important level of 23900. On one hand, investors are worried due to the energy crisis and the implementation of the Essential Commodities Act. On top of this, selling by foreign investors is also putting separate pressure.
Top Gainers and Losers
Shares of Wipro, Tata Steel, Power Grid, Hindalco, Tech Mahindra are seeing a rise during the day’s trading. At the same time, banking stocks like Kotak Mahindra Bank, ICICI Bank, HDFC Bank, Axis Bank, Bajaj Finserv are seen under pressure today. Apart from these, selling is also being seen in auto stocks like Mahindra & Mahindra, TVS Motors. Reliance Industries, Bharti Airtel are also among the top losers.
condition of asian markets
Due to the fall in crude oil prices on Wednesday, there was a rise in Asian markets. Japan’s Nikkei 225 jumped 1.36 percent, while Topix saw a rise of 1.22 percent. South Korea’s Kospi gained 2.52 percent, while the small-cap Kosdaq rose 1.39 percent. At the same time, Hong Kong Hang Seng Index futures were seen trading at 25,936, whereas the previous closing of the index was at 25959.9.
trading on wall street
On Tuesday, the American stock market Wall Street closed in the red. During this period, investors kept an eye on the low oil prices and the war situation in Iran. The S&P 500 fell 0.21 percent to close at 6781.48. Similarly, the Dow Jones Industrial Average also fell 34.29 points or 0.07 percent and closed at 47706.51. However, Nasdaq Composite closed 0.01 percent higher at 22697.10.
Crude prices fell
Crude oil prices went up from the low level on Wednesday morning. With US President Donald Trump indicating an end to the war in Iran, WTI crude prices were seen trading 0.03 percent lower at 83.43, while Brent crude fell from the previous session’s high level of $ 119.50 per barrel to now in the range of $ 87-90 per barrel.
According to a report by The Wall Street Journal, the International Energy Agency (IEA) has proposed releasing the largest oil reserve in its history to reduce crude oil prices after they spiked during the war with Iran. Under this, more than 182 million barrels of oil will be released.
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