By Admin 
Share Market: Even today a big decline is being seen in the stock market. Amid rising crude oil prices and heavy selling, investor confidence seems to be wavering. During this period, Sensex is trading at 75871 after falling more than 1000 points. At the same time, Nifty has fallen 280 points and is at the level of 23580.
In this sequence, stocks related to automobile, paint, logistics, aviation, tire and rubber are seen under pressure such as Tata Motors, Asian Paints, Delhivery, IndoGo, MRF etc. There is a decline in these due to rising prices of crude oil because crude oil is required on a large scale in their production.
Trading in the Indian stock market today started with a decline. On one hand, Sensex opened at 76369 with a fall of 494 points. At the same time, Nifty lost 192 points and started trading at the level of 23674. Shares of L&T, IndiGo, Eternal, M&M and Tata Motors suffered losses in early trade. Amidst the all-round selling in the market, only a few stocks are seen trading in the green, among which are Reliance, Coal India HCL Tech and Tech Mahindra.
trading in asian markets
Asian markets opened with a decline on Thursday morning as crude oil prices rose sharply amid increasing conflict in West Asia. The price of Brent crude has crossed $ 100 per barrel. In this sequence, Japan’s Nikkei 225 fell by 1.6 percent today. Topix also fell by 1.34 percent. South Korea’s Kospi also fell by 0.75 percent. Hong Kong’s Hang Seng Index futures were seen trading at 25756, while its previous closing was at 25898.76.
Wall Street decline
American stock markets closed with a decline on Wednesday. During this period, investors remained in tension due to rising oil prices and increasing tension in the Strait of Hormuz. The Dow Jones Industrial Average slipped 289.24 points, or 0.61 percent, to close at 47417.27. At the same time, S&P 500 closed at 6775.80 with a decline of 0.08 percent. Similarly, Dow futures fell 461 points or about 1 percent and Nasdaq 100 futures also declined by 0.9 percent. Only Nasdaq Composite managed to end the trading at 22716.13 with a rise of 0.08 percent.
price of crude oil
Crude oil prices have increased once again today. After Iraq targeted two Iranian ships loaded with explosives, Brent crude prices rose by 8.2 percent and crossed $ 100 per barrel. After this action of Iran, Iraq has completely stopped operations at all its oil terminals citing security reasons. Due to this, the crisis on crude supply has started deepening. Meanwhile, Iran has also warned that if the attacks on it continue in this manner, then the world will have to be prepared for $ 200 per barrel of oil.
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