
Sensex down 500 points: Why is stock market falling today?
India Today
The S&P BSE Sensex was down 566.31 points at 79,449.59, while the NSE Nifty50 fell 164.85 points to 24,601.05 as of 11:24 am. Sensex and Nifty shed over half a percent.
Stock markets were under pressure on Friday as rising tensions in West Asia and higher crude oil prices pushed investors to sell shares. The fall came just a day after the markets had posted gains, showing that trading has become volatile in recent sessions.
The S&P BSE Sensex was down 566.31 points at 79,449.59, while the NSE Nifty50 fell 164.85 points to 24,601.05 as of 11:24 am. Sensex and Nifty shed over half a percent.
The main reason behind the fall in the stock market is the ongoing conflict involving Iran, Israel and the US. The situation has raised concerns about possible disruption in global energy supply.
If the conflict affects oil supply, crude prices may rise further. Higher oil prices can increase costs for many economies and push inflation higher. This has made investors cautious and led to selling in the market.
Due to these concerns, investor sentiment has turned negative. Many investors have chosen to reduce their exposure to equities, which has led to a broad-based decline across several sectors on Dalal Street.
Some stocks, however, helped limit the fall. IT shares and heavyweights such as Reliance Industries Ltd traded higher during the session. Their gains prevented the market from falling further.













