In pictures: Big business news of the day, what changed the Russia-Ukraine crisis

Stock Market: Market opened on a big decline, Sensex breaks 600 points, Nifty closes to 16,600


new Delhi. The Indian stock market once again made a weak start on Wednesday. Sensex and Nifty started trading with a big fall.

Investors once again started selling under the pressure of global factor and the Sensex came down 600 points as soon as the market opened. In the opening session, the Sensex lost 618 points to open at 55,629.30 and the Nifty opened with a fall of 21 points at 16,593.10. At 9.24 am, the Sensex was trading near 55,700 with a fall of 613 points. Nifty was also trading at 16,650, down 144 points.

Also read – Russia-Ukraine War: Crude crosses $110, IEA warns the world

Investors eye on these stocks
If we look sector-wise, the market is seeing a mixed trend today. While there is a decline in the shares of the bank and auto sector, the shares of metal are trading on an edge today. Experts say that due to the Russo-Ukraine war, the prices of commodities are increasing in the global market, due to which investors are betting on the stocks of the metal sector. ICICI Bank shares are seeing a fall of 3 per cent.

Also read – Petrol Diesel Prices Today: Crude reached $ 104, then the price of petrol and diesel changed, know the new rate of your city

Asian markets also started weak
Trading started with a fall in major stock markets of Asia on Wednesday. Singapore’s exchange saw a decline of 0.78 percent and 1.33 percent in Japan. Trading in Taiwan also started at 0.32 percent loss. Only South Korea’s market saw a rise of 0.06 percent. European markets also closed a day earlier on a fall of about 4 percent.

Tags: Sensex, Share market


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