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Stock Market Latest Update: The stock market has started with red color on the second day of business. During this time both Sensex and Nifty have declined.
Stock Market Latest Update : The stock market started on the second day of business after US President Donald Trump threatened to put high tariffs on India on oil purchases from Russia. Meanwhile, both Sensex and Nifty are seen trading on the red mark. The Sensex fell 315.03 points to a level of 80,703.69. At the same time, the Nifty is seen trading at 24,680.95 points by slipping 41.80 points.
Decline in these shares
During this period, Sensex companies have recorded a decline in BEL, HDFC Bank, Reliance Industries, ICICI Bank, Infosys, Hindustan Unilever, Adani Ports, Mahindra & Mahindra, Mahindra, Asian Paints and Tata Steel. At the same time, shares of Maruti, State Bank of India, HCL Technologies, Axis Bank, UltraTech Cement, Tata Motors, Titan, NTPC and Bajaj Finance have risen.
Share Bits from Trump’s post
Let us tell you here that US President Donald Trump is constantly attacking India and Russia’s oil trade.
During this, he posted on social media and wrote that I will lead to American tariff on India on buying Russian oil. If he is adamant on his point, then there will be further tension in Indo-US relations and its impact on India’s exports to America can be worse than ever. However, let us know that America itself is doing business with Russia.
Also read: Share Market: Trump Tarif’s effect on the stock market, outcry; Learn the latest update of the market
Positive in Asian markets
At the same time, in the Asian markets, South Korea’s Kospi, Shanghai’s SSE Composite Index, Hong Kong’s Hangseng and Japan’s Nikkei 225 also appeared positive.
US market boom
The US market saw a boom on Monday in the middle of the fire. The benchmark S&P 500 (S&P 500) gained 1.5 percent. While Blue-Chip Dove Jones has caught a speed of 1.3 percent in the stocks of industrial average.
ALSO READ: Market Decline: Better market between Trump’s new tariff, conversation can talk
