Drop in the SENSEX and the NIFTY

Effect of the India-Pakistan War on Bombay Share Market

Mumbai – The India-Pakistan War has affected the Bombay Share Market. The BSE and NSC both opened with a large fall in both the Sensex and the Nifty Index. The Sensex opened lower than 80,000 points, while the Nifty opened lower at 24,000 points. After the opening trading the BSE sensex slid down by 672.87 points to reach 79662.14, while the Nifty slid by 250.75 points to 24042.15.

1. Shares of companies like the Power Grid, ICICI Bank, Tata Steel, Adani Ports, Bajaj Finserve, Eternal, Ultratech Cement, and Nestle are at a loss; while Larsen and Turbo, and Titan are at 4% profit.

2. The Market opened with red negative trading. In this the reality took a significant slide in the Nifty. It reduced by 1.58% to reach 1473.60. All shares are being traded in red. Anant Raj is at the top of the Share Chart.

3. As all the Blue-chip companies are in a slide, the Nifty Mid-Cap 100 points is also under pressure. It has slide by 1%. This is the second day of loss in the Nifty Mid-cap 100. On the 8th of May there was a 1.95% slide in Nifty Mid-Cap 100 Shares.