The stock market crashed due to the attack on Europe’s largest nuclear plant

Following news of Russia’s attack on Europe’s largest nuclear power plant in Ukraine, the stock market plummeted today. The Sensex dropped over 1,100 points in the first session of trading on Friday, owing to rising tensions between Russia and Ukraine, as well as a weakening trend in global markets. The 30-share BSE Sensex fell 1104.42 points, or 2%, to 53,998.26 points at 10:40 a.m. The NSE Nifty also dropped 291 points, or 1.77 percent, to 16,206.25. Asian Paints, Maruti Suzuki India, Axis Bank, Wipro, and Mahindra & Mahindra were all down 4.51 percent in the Sensex’s opening trade. There was a downward trend. With a 3% loss, Nifty Auto is the worst performer. The Nifty Reality has dropped by 2.5 percent. The Nifty Bank, Financials, IT, Pharma, and FMCG stocks all fell. The BSE Midcap and Smallcap indices are also down. They’ve dropped by a quarter of a percent.

the previous session

The 30-share Sensex closed at 55,102.68 in the previous session, down 366.22 points or 0.66 percent. Similarly, the NSE Nifty ended the day at 16,498.05. It was down 107.90 points, or 0.65%. Meanwhile, Brent crude futures rose 1.53% to $112.16 per barrel on the global market. According to provisional data from the stock market, foreign institutional investors sold shares worth Rs 6,644.65 crore on Thursday. All of the sectoral indices have plummeted.

Ritika Kadiya
Ritika Kadiya
As a journalist, Ritika kadiya has contributed to many online publications including the Huffing Post.

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