By Admin 
Share Market: After the fiery of trading in the Indian stock market for the seventh consecutive day, both the benchmark equity index BSE Sensex and Nifty declined by the afternoon on March 26 today. With this, the process of continuing for seven days came to an end. The reason behind this is the sharp decline in the shares of Pharma and IT.
Due to this, investors were scared
By noon, the Sensex was at 372.62 points or 0.48 percent at a level of 77,644.57, while the Nifty fell 86.65 points or 0.37 percent to 23,582.00. On the one hand, while 1104 shares gained momentum, 2321 shares declined. There was no change in 111 shares.
Speaking to Moneycontrol, Chief Investment Strategist of Geojit Financial Services, VK Vijaykumar said, “The market has become flexible despite the date of applying the reciperook tariff on 2 April, which indicates further speed. This will happen only when the possibility of applying reciperook tariff is less. If a positive outpost of the ongoing conversation between the two countries comes out.
Trump gave another threat
Investors are uncertain about the American reciperook tariff. However, it is expected that Trump can reduce the tariff on India. Here, Trump has also threatened to impose 25 percent additional tariffs on countries like India and China on Monday, if they import oil from Venezuela. This has increased the concerns. Mixed trends were seen in the broad market, with a 0.2 percent increase in the Nifty Midcap 100 index, a decline of 0.45 percent in the Smallcap 100 index.
This is the performance of the sectors
If you look according to the sector, then the Nifty Auto was the top performance with a growth of 0.7 percent. Shares of companies like M&M, Tata Motors and Eicher Motors rose. Nifty metal and PSU bank also rose up to 0.4 percent. On the other hand, Nifty Pharma was the highest loss, which was 0.7 percent below. Nifty IT, bank and realty also declined by 0.3 percent.
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