Stock Market Crash Today: Nifty50 and BSE Sensex, Indian Equity Benchmark Index, Tank in trade on global signals on Fridays. While Nifty50 crashed below 24,550, BSE Sensex exceeds 1,100 points. At 9:16 am, Nifty50 was trading at 24,547.30, which was 341 points or 1.37%below. The BSE Sensex was 80,568.98, 1,123 points or 1.37%.Market analysts estimated a continuous consolidation, monitoring global market indicators and monitoring the US-India trade discussions. Immediately in short -term, Israel’s strike on Iran is expected to weigh the market spirit.The S&P 500 grew up on Thursday after Oracle’s positive attitude promoted the confidence of the AI sector, the Middle East concerns and Boeing’s shares upgraded. Inspired by the demand for AI services, Oracle stocks increased by 13.3% after increasing the annual revenue growth estimates.In early Friday, trading saw Sharp Falls in Asian markets, in which US futures led to a tendency downwards. Oil prices rose after Israel’s military action against Iran, inspiring investors to take shelter in gold and Swiss Frank.The US dollar strengthened the Japanese yen and Swiss Frank with safe-horn currencies, as the currency markets changed the course rapidly after the news of Israel’s military action against Iran.Foreign portfolio investors sold shares worth Rs 3,831 crore on Thursday, while domestic institutional investors were pure buyers for Rs 9,894 crore.In the Futures Market, Fiis’s net short status increased from Rs 86,594 crore on Wednesday to Rs 99,478 crore on Thursday.(Disclaimer: Recommendations and views on stock markets and other asset classes given by experts are their own. These opinions do not represent the views of Times of India)
