- 19,512.35
-141.15 (-0.72%) - Open
19,539.45 - High
19,588.95 - Low
19,480.50
Power, oil & gas, car PSU Bank, metal, real estate, and capital goods all finished in the red, with declines of 1-3 percent.
The Nifty was down 141.20 points or 0.72 percent at 19,512.30 while the Sensex was down 483.24 points or 0.73 percent at 65,512.39 at the time of the market’s close.
On October 9, investors continued to be concerned about the growing geopolitical tensions in the Middle East, causing the Indian market indices to reverse all of their gains from the previous session and end a two-day winning streak.
The Nifty was down 141.20 points or 0.72 percent at 19,512.30 while the Sensex was down 483.24 points or 0.73 percent at 65,512.39 at the time of closing
.
Following a shaky start, the benchmarks stayed in the red amid volatility and finished close to the day’s low due to selling across all sectors.
As per US Highlight:
After Israel starts war on Hamas, oil prices and defense stockpiles increase.
Monday’s stock market decline and rising oil prices are a result of the Middle East conflict’s increased anxiety in the banking sector.
The S&P 500 fell 0.5% in the first trading session after Hamas attacked Israel unexpectedly over the weekend, prompting an official declaration of war from Israel. As of 10:50 a.m.
Eastern time, the Dow Jones Industrial Average was down 137 points, or 0.4%, and the Nasdaq composite was down 0.9% Daily Updates.