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Vivek kumar

9th Mar Β· SEBI-Registered Analyst

πŸ“‰ Big Accidents in Indian Stock Market – Today!

πŸ”΄ Market Fall Sensex crashed 1300+ points and Nifty slipped below 24,100, as global markets turned weak due to rising crude oil prices and escalating West Asia tensions. πŸ’₯ Major Stock Accidents β€’ InterGlobe Aviation (IndiGo) πŸ”»8% β€’ BPCL πŸ”»8% β€’ HPCL πŸ”»8% β€’ State Bank of India (SBI) πŸ”»5% β€’ UltraTech Cement πŸ”»5% β€’ Maruti Suzuki πŸ”»5% β€’ Mahindra & Mahindra πŸ”»4% ✈️ Airline stocks crashed as higher crude oil prices may increase aviation fuel costs. πŸ›’ Oil marketing companies saw heavy selling due to margin pressure. ⚠️ Market Breadth Weak More than 700 stocks hit 52-week lows on NSE today. πŸ“Š Key Reason: Rising crude oil prices and ongoing West Asia geopolitical tensions are creating uncertainty in global markets.

#Post-ClosingCommentary
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