By Admin 
Share Market Today: A huge decline was seen in the domestic stock market on the last trading day of the week i.e. Friday. The effect of weak global signals was also seen on both the benchmark indices today. BSE’s 30-share sensitive index Sensex started trading at the level of 79658 with a fall of 365 points. At the same time, Nifty also fell by 109 points and opened at the level of 24656. However, till now the Sensex has fallen by 404 points. At the same time, Nifty is currently at 24663 with a fall of 102 points. In early trading, shares of Tech Mahindra, Infosys, Reliance, Trent, Sun Pharma, NTPC, TCS, BEL are seen trading in the green.
Wall Street blazed in the fire of war
The US stock market closed with a heavy fall on Thursday amid the sixth day of ongoing tension in the Middle East and rising crude oil prices. During this period, Dow Jones Industrial Average fell by 784.67 points or 1.61 percent to the level of 47954.74. Similarly, S&P 500 closed with a decline of 0.56 percent at 6830.71 and Nasdaq Composite fell by 0.26 percent and closed at 22748.99.
Asian markets fall
The impact of the decline in the American stock market was also visible on the Asian markets. Asian markets opened with a decline on Friday morning. South Korea’s Kospi has declined by 0.87 percent. Japan’s Nikkei 225 fell by 0.24 percent. A big decline of 0.42 percent was also seen in Topics. Small-cap Kosdaq Hong Kong’s Hang Seng index futures were seen trading at 25037 compared to its previous closing of 25321.34.
Selling by foreign investors
In these circumstances of war, there is an atmosphere of chaos in the stock market also. Last Thursday, Foreign Institutional Investors (FII) sold Indian shares worth Rs 3752.52 crore, but it is fortunate that Domestic Institutional Investors (DII) supported the stock market. According to the provisional data available on NSE, on March 05, domestic investors bought shares worth Rs 5153.37 crore.
Relief to India from this decision of America
Amidst the increasing tension between Iran and Israel and the Strait of Hormuz, America has issued a temporary license of 30 days for India. Through this, Indian refineries have been allowed to buy crude oil from Russia without any tariff or penalty. This license is for ships loaded with Russian oil from March 5, 2026. India will get this oil at the old cheap rate. These will not be affected by the increased prices due to the Hormuz crisis.
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From cooking oil to saffron-pistachio… things became expensive in India due to war in Iran, problems of common man increased.