Stock Market Closing: There was a huge decline in the Indian stock market on Monday. Both Sensex and Nifty fell by about 2%. The main reason for this weakness in the market is the increasing war in the Middle East. The situation worsened after the death of Iran’s supreme leader Ayatollah Ali Khamenei in missile attacks by America and Israel. This is the reason why selling dominated the market today.
Now, amid pressure throughout the day, the stock market also closed in the red at the end of the day. The 30-share BSE Sensex closed at 80,238.85, down by -1048.74 points or -1.29%. Whereas NSE Nifty of 50 shares closed at 24,865.70 with a decline of -312 points or -1.24%.
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