Stock market plunges amid US-Iran tensions, Sensex breaks up by 500 points

Mumbai: Stock markets are seen in a red mark on Monday also due to the impact of the deepening crisis in West Asia. Apart from IT, all sectors are doing business with a decline. On Monday, the Bombay Stock Exchange (BSE) Sensex lost 246 points to open at 41,218. In a short time, the Sensex fell to 496 points. Similarly, the Nifty of the National Stock Exchange (NSE) is also open at 12,170.60 with a fall of 56. During the trade, the Nifty rolled up to 105 points.

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About 260 shares saw an increase and 661 shares declined. The main stocks that rose included Adani Port, TCS, Infosys, ONGC and Titan, while the leading losers included Karur Vysya Bank, Bajaj Finance, Power Grid, Asian Paints, Coal India, and BPCL. It is noteworthy that the American strike at Baghdad Airport in Iraq created a stir in the stock markets around the world. On the last trading day of last week, the Indian stock market recorded a big decline. At the end of trading, the Sensex lost 162.03 points to close at the level of 41,464.61 points.

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On the other hand, if you talk about the Nifty, it was down 55.55 points (0.45%) to 12,226.65 points. Among the Sensex companies, Asian Paints recorded the highest decline of 2.16 percent. Along with this, Axis Bank, Bajaj Auto, State Bank of India, NTPC and Bajaj Finance were also found doing business on the red mark.

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