Stock Market Today: Nifty50 and BSE Sensex, Indian Equity Benchmark indices on Monday gave tanks to open trade after global signals. While Nifty50 went below 25,000, BSE Sensex was more than 600 points. At 9:20 am, Nifty50 was trading below 189 points or 0.75%at 24,923.30. BSE Sensex was 81,762.80, 645 points or 0.78%.The growing Israeli-Iran’s struggle and American partnerships expected to affect the market performance on Monday. Market analysts indicate that global factors will be important, as investors monitor American manufacturing and services, PMI data, with geopolitical development. The market approach suggests consolidation with expected instability.Geojit Investments Limited, main investment strategist, VK Vijaykumar says, “Even though American bombing of Iran’s three nuclear facilities has spoiled the crisis in West Asia, the impact on the market is likely to be limited. Uncertain factors are now the time of Iran’s response and green. Crisis.“Even though the possibility of the closure of the hormuz Strait is a danger, it is important to understand that it has always been a danger and the straight was never closed. The fact is that closing the Hormuz Strait will cause more damage to Iran and Iran’s friends China. The market is in favor of the ‘Dips on Dips’ strategy. ,Asia saw a decline in American stock-Index futures in Asia early Monday and rising oil prices after US attacks on Iranian nuclear facilities. Asian shares showed weakness.Gold prices rose slightly on Monday as investors demanded safe-heaven assets amid growing concerns about the Middle East stress, the markets waited for the reaction to US attacks on Iran’s nuclear installations.Following the US’s decision to support Israel in targeting Iranian nuclear installations, after the US decision, after reaching its peak from January, oil prices increased, increasing concerns about supply disruption.Foreign portfolio investors on Friday bought shares worth Rs 7,940 crore, while domestic institutional investors recorded net sales of Rs 3,040 crore.Foreign institutional investors reduced their pure short posts in Futures Market on Thursday to Rs 96,368 crore from Rs 96,962 crore to Rs 96,368 crore on Friday.(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)
