There is a big fall in the stock market for the sixth consecutive day. BSE’s 30-share sensitive index Sensex has fallen to the level of 82980 with a loss of 595 points. Whereas NSE’s 50-share index Nifty is down 173 points at 25509 after a century of decline. The stock market is moving towards a big decline for the sixth consecutive day. BSE’s 30-share sensitive index Sensex has fallen to the level of 83040 with a loss of 535 points. Whereas NSE’s 50-share index Nifty is down 156 points at 25526 after a century of decline. There are 3049 stocks trading on NSE. Of these, 2424 are red and only 552 are green. Of these, 397 stocks are at 52-week low. The stock market is moving towards a big decline for the sixth consecutive day. BSE’s 30-share sensitive index Sensex has fallen to the level of 83158 with a loss of 418 points. Whereas NSE’s 50-share index Nifty is down 128 points at 25554 after a century of decline. There are 2818 stocks trading on NSE. Of these, 2235 are red and only 515 are green. Of these, 341 stocks are at 52-week low. The stock market is in decline for the sixth consecutive day. In early trade, BSE’s 30-share sensitive index Sensex has fallen to the level of 83214 with a loss of 362 points. Whereas NSE’s 50-share index Nifty is down 118 points at 25564 after a century of decline. In Sensex, except Axis Bank, State Bank, ITC and Hindustan Unilever, all the stocks are in red. The stock market is in decline for the sixth consecutive day. BSE’s 30-share sensitive index Sensex opened at the level of 83435 with a loss of 140 points. While NSE’s 50-share index Nifty opened 14 points down at 25669. The Indian stock market is likely to open at flat to positive levels today, Monday, January 12. Early trends for Gift Nifty are also pointing towards a flat start. GIFT Nifty was trading at 25,809.50, down about 7.50 points or 0.1% from its previous close.
status of last session
On Friday, both the Sensex and Nifty 50 closed in the red for the fifth consecutive session amid renewed concerns over US tariffs, cautious sentiment ahead of third quarter results and continued foreign capital outflows. The Sensex fell 605 points or 0.72% to close at 83,576.24, while the Nifty 50 closed at 25,683.30, down 194 points or 0.75%. The BSE Midcap index slipped 0.90% and the Smallcap index slipped 1.74%.
Asian markets trend
Asian markets made a positive start to the week on Monday. Australia’s S&P/ASX 200 rose 0.71%, while South Korea’s Kospi advanced 0.83% and the small-cap Kosdaq gained 0.4%. Japanese markets remained closed due to holidays. Meanwhile, Hong Kong’s Hang Seng index was set for a higher start as futures traded at 26,408 compared to the previous close of 26,231.79.
wall street demonstration
On Friday, the S&P 500 closed 0.65% higher at a record high of 6,966.28, which also marked a new all-time intraday peak during the session. The Nasdaq Composite added 0.81% to 23,671.35, while the Dow Jones Industrial Average climbed 237.96 points, or 0.48%, to close at a new record high of 49,504.07.
Impact of America-Iran tension
President Donald Trump has considered various measures against Iran following its crackdown on protests, which human rights organizations claim has resulted in the deaths of more than 500 people. Trump has publicly said that if Iranian authorities were responsible for killing protesters opposing the country’s religious rule, he might retaliate. In response, Iran warned on Sunday that US and Israeli military bases in the region could be considered “legitimate targets” if any military action is taken.
crude oil prices
Oil prices remained largely steady on Monday as investors kept an eye on the risk of supply disruption from OPEC member Iran as protests intensify. In contrast, Venezuela’s moves to rapidly restart oil exports helped limit any upside. Brent crude futures fell 5 cents to $63.29 a barrel, while U.S. West Texas Intermediate fell 6 cents to $59.06 a barrel.
Rise in gold and silver prices
Gold hit an all-time high after the US Justice Department warned of possible criminal indictments against the Federal Reserve, while growing protests in Iran maintained geopolitical tensions. Bullion climbed to nearly $4,600 an ounce on Monday. Gold rose 1.7% to $4,585.39 an ounce. Silver rose 4.6%, after rising nearly 10% last week, with palladium and platinum also gaining.
US dollar trend
The US dollar fell from a one-month high in early trading on Monday. The dollar index fell 0.3% to 98.899, snapping a five-session winning streak.