Indian stock market crash due to Ukraine crisis! Sensex fell 1000 points, Nifty also fell big

The tension of Ukraine and Russia again created a ruckus in the Indian stock market today. The Ukraine-Russia crisis has caused damage to the global market, which is clearly visible on the Indian market as well. Due to the war situation, there is a decline in the stock market for the fifth consecutive day on Tuesday. Alam is that the Sensex fell by 1000 points as soon as the market opened and the Nifty is showing a decline of more than 250. The market does not see any hope of getting relief from the ongoing crisis regarding Ukraine.

Nifty came below 17 thousand mark

Both the BSE Sensex and NSE Nifty were not looking right from the pre-open session itself. In a few minutes of trading, there was a sign of huge upheaval. At one time it made a recovery of about 150 points, but by 09:20 am again the Sensex had fallen by about 990 points and was trading below 56,700 points. Similarly, Nifty had broken more than 300 points and had come down to less than 17 thousand points. That is, given the situation of war between Ukraine and Russia, investors are also scared. In such a situation, the condition of the stock market may deteriorate further.

Investors stunned by the fear of war

In fact, due to the fear of war, investors around the world are scared and are taking interest in safe investments only. Due to this heavy selling is being seen in the markets around the world. Its effect was also seen in the domestic market on Tuesday. As soon as the market opened, the Sensex fell by 1000 points and the Nifty is showing a decline of more than 250.

There was damage last week too

The condition of the stock market was not good even for the fifth consecutive day. Whereas before this, the previous week also proved to be bad for the domestic market. The boom in the market due to the budget has completely disappeared. Last week, the market was troubled by the concern of increasing interest rates in the US soon. This tension did not subside that the Ukraine crisis worsened the market situation. Crude oil has gone to a 7-year high due to the Ukraine crisis. It is feared that crude oil may cross the level of $ 100 per barrel. If this happens, it will prove to be heavy on the growth of the global economy.