Sensex falls by 700 points: Trading at 72,850, Nifty also falls by 100 points; Selling in auto and banking shares

There is a decline in the stock market today i.e. on 30 March. The Sensex has fallen by about 1,000 points (1%) to 72,850. At the same time, there is a decline of about 200 points (1%) in Nifty, it is trading at the level of 22,600. Today there is heavy selling in auto, metal and banking shares.

3 big reasons for market fall…

Asian market also declined

• Japan’s Nikkei index is trading at 51,433, down 3.60%.
• South Korea’s Kospi index is trading 2.60% lower at 5,296.
• Hong Kong’s Hang Seng index is trading up 1% at 24,713.
• China’s Shanghai Composite Index is trading flat at 3,922.

There was a decline in the American market on March 27

• The Dow Jones fell 793 points (1.73%) to close at 45,166.
• Tech-based index Nasdaq Composite fell 2.15% to 20,948.
• The S&P 500 index fell 108 points (1.67%) to 6,368.

Crude rose 2% to $ 116 per barrel

Today the price of crude oil has increased by 2%, it has increased to $ 116 per barrel. Before the Iran war started on February 28, crude oil prices were around $70 per barrel.

There was a decline in the market on Friday

Earlier on Friday i.e. March 27, there was a decline in the stock market. The Sensex closed at 73,583, down 1690 points (2.25%). There was also a decline of 486 points (2.09%) in Nifty, it closed at 22,820.

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