- Hindi News
- Business
- Stock Market Fall: Nifty Drops 197 Pts, Sensex Down 633 Pts | IT, Realty Selloff
Mumbai4 minutes ago
- copy link
There is a decline in the stock market today i.e. on 19th March. Sensex is trading at 75,100 level, down about 1600 points (2.10%). At the same time, Nifty has also fallen by 500 points (2.08%), it has come below 23,300. Today there is selling in banking and auto shares.
There is a risk of inflation increasing in situations like geopolitical tension and war. This may reduce the profits of companies. In such a situation, investors start selling their shares and invest it in a safe place. This causes a decline in the market.
3 big reasons for market fall…
- Fear of supply chain disruption due to Iran-Israel war.
- The price of crude oil has increased to $ 112 per barrel.
- Impact of decline in American and Asian markets on India.
Today, out of 30 Sensex stocks, only 2 stocks are up and 28 are down.
HDFC Bank chairman resigns, shares fall 5%
HDFC Bank’s part-time chairman and independent director Atanu Chakraborty resigned from his post late on Wednesday night. Due to this, today its stock has fallen by about 5%. It has fallen by Rs 38 and is trading around Rs 804.
Chakraborty has raised questions on the working methods of the bank. Explaining the reason for his resignation, he wrote – “During the last two years, I have observed certain incidents and practices within the bank that do not match my personal values and ethics.
After Chakraborty’s departure, Keki Mistry has been appointed interim chairman for three months from March 19, 2026, with the approval of the Reserve Bank. Keki Mistry was currently working as a non-executive director on the board of the bank.
Asian market also declined
- South Korea’s Kospi index is trading 1.31% lower at 5,847.
- Japan’s Nikkei index fell 2.47% to 53,875.
- Hong Kong’s Hang Seng index is trading 1.60% lower at 25,608.
- China’s Shanghai Composite Index is trading down 0.95% at 4,024.
There was a decline in the American market on March 18
- The Dow Jones fell 768 points (1.63%) to close at 46,225.
- Tech-based index Nasdaq Composite fell 1.46% to 22,152.
- The S&P 500 index fell 91 points (1.36%) to 6,624.
Sensex rose 633 points yesterday and closed at 76,704.
There was a rise in the stock market yesterday i.e. on 18th March. Sensex closed at 76,704, up about 633 points (0.83%). At the same time, Nifty also increased by 197 points (0.83%), it has reached the level of 23,778. Buying was seen in IT and realty shares today.
Source link
[ad_3]
