By Admin 
Stock Market News: Due to increasing tension in the Middle East, there was a huge decline in the domestic stock market. On the fourth trading day of the week, BSE’s 30-share Sensex closed down by about 2500 points, while NSE’s Nifty 50 also slipped below 23,100. Amidst this fall, a huge weakness of about 5 percent was recorded in the shares of HDFC Bank.
Why the big fall in the stock market?
This decline in the stock market has been seen at a time when the latest attacks on Iran have intensified. Along with this, due to the rise in crude oil prices, both Sensex and Nifty fell by more than 3 percent. BSE Sensex fell 2,496.89 points to close at 74,207.24, while Nifty 50 also fell 775.65 points to 23,002.15.
By the time the market closed, all the Sensex shares were in the red. The biggest fall was seen in Eternal’s shares, which fell by 5.65 percent. After this, Bajaj Finserv fell by 5.42 percent, while Mahindra & Mahindra fell by 5.25 percent, HDFC Bank by 5.13 percent and Larsen & Toubro shares fell by 4.72 percent.
Also read: Rupee at all time low amid Iran war, Goldman Sachs told how much more it will fall by next year
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