By Admin 
Share Market Today on April 30: Today the level of decline in the Indian stock market is continuously increasing. Currently, Sensex remains around the level of 76600 with a fall of 922 points. At the same time, Nifty is also seen trading at the level of 23875 with a decline of 302 points.
At the beginning of trading, Sensex started trading at the level of 76646 with a big fall of 850 points. At the same time, Nifty slipped 265 points and opened at the level of 23914. Today the banking sector is under maximum pressure. Till now it has fallen by 1.5 percent. Shares of Adani Energy Solutions, Zomato and PFC & REC are seen falling in early trade.
Why did the market fall?
- Crude oil prices crossed $120 per barrel today, creating panic among investors.
- The US Federal Reserve did not make any changes in interest rates. There is an atmosphere of fear among investors due to this strict stance of the Fed and the fear of global recession.
- The stock market will remain closed tomorrow on 1st May on the occasion of Maharashtra Day. After this there will be holiday on Saturday and Sunday also. In view of the long holidays, investors are reducing their positions.
Asian market
Asian indices opened lower on Thursday morning due to overnight decline on Wall Street and rising crude oil prices. There was a decline in Japanese markets when trading started after the holidays. The benchmark Nikkei 225 lost 0.91%, while the Topix slipped 1.48%.
South Korea’s Kospi was up 0.36%, while the small-cap Kosdaq was down 0.25%. Hong Kong’s Hang Seng Index futures were last trading at 25,729, while the index closed at 26,111.84 on Wednesday.
condition of wall street
American markets closed with a decline on Tuesday amid continuously rising prices of crude oil. US President Donald Trump said that until a nuclear deal is reached with Iran, America will continue its naval blockade on Iran.
Apart from this, the US Federal Reserve did not make any change in the interest rates, the effect of which was also visible on the global markets. The Dow Jones Industrial Average index fell 280.12 points, or 0.57%, to 48,861.81. A decline was recorded for the fifth consecutive day. The S&P 500 declined marginally by 0.04% to close at 7,135.95, while the Nasdaq Composite rose 0.04% to 24,673.24.
price of crude oil
West Texas Intermediate (WTI) crude futures are trading 0.28% higher at $ 107.18 per barrel. At the same time, Brent crude futures reached near the level of $ 120 per barrel this morning. On COMEX, crude oil prices are trading 0.16% higher at $ 107.05 per barrel.
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