Stock Market Crashed / The stock market closed with a strong fall, Sensex fell more than 2700 points, Nifty lost 815 points

The Indian stock market was rocked on Thursday due to the conflict between Russia and Ukraine. The Bombay Stock Exchange index Sensex closed at 54,530, down 2702 points with its biggest fall so far this year. On the other hand, the Nifty index of the National Stock Exchange also had a bad condition throughout the day. Nifty closed at 16,227 with a strong decline of 815 points.

Started on red mark

Earlier, the Sensex started trading with a huge fall of 1850 points. However, after some time it showed some improvement and the decline reduced to 1430 points. But as news from Russia and Ukraine surfaced, the decline in the market intensified. At one time the BSE Sensex had fallen by 2800 points. Let us inform that due to this fall today, more than nine lakh crore rupees of investors have been sunk. On the other hand, the effect of war is also visible on Nifty and it opened at a low of 16,648 with a huge fall of 414 points and kept trading on the red mark throughout the day.

Decline for six consecutive days

Banking stocks fell the most on Thursday. It is worth noting that on Wednesday, the stock market started on the green mark on the last trading session, but the market could not sustain the initial rally and closed on the red mark. The 30-share Sensex closed at 57,232, down 68 points, while the Nifty slipped 29 points to close at 17,063. The market is closing on the red mark continuously for the last six days.