The Indian Stock Markets Began Friday Morning with a Heavy Sentimen as Investors Remained Wary after Israel Launched an attack on Iran, Raising Tensions Further in the Region.
In the first hour of trading itself, both benchmark indices, sensex and nifty, tanked more than 1 per cent. As of 9:20 AM, The BSE Sensex Plunged Close to 900 Points and Traded Under 80,800, While The NIFTY50 TOOK A Hit of Nearly 300 Points and Dropped Below 24,600 in the Session.
On the 30-share senses, it was a complete bloodbath. The biggest laggards in the morning so far including kotak mahindra bank, Adani ports, PowerGrid, Tata Motors, and Titan. Both kotak bank and adani ports plunged more than 2 per cent in the session already.
In the broader markets, the indices painted red throughout. The nifty next50 dominated the losses and crashed 1.68 per cent in the morning hour. Sectorly, the psu bank and oil & gas indices plummeted 1.68 per cent and 1.58 per cent respectively.
