Business Desk – Share Market Update: A decline is being seen in the stock market today, Thursday 9th April. Sensex is trading at the level of 77,000, which has declined by 550 points (0.72%). Nifty has also fallen by 140 points (0.57%) and reached the level of 23,850. Today, selling pressure is clearly visible in IT and Realty stocks.
Asian markets fall
A decline was recorded in Asian stock markets. South Korea’s KOSPI index closed at 5,784, down 88 points or 1.50%. Japan’s Nikkei index closed at 55,870, down 438 points or 0.78%.
At the same time, Hong Kong’s Hang Seng index fell 90 points or 0.35% to 25,803. Apart from this, China’s Shanghai Composite Index closed at the level of 3,965, which showed a weakness of 29 points or 0.73%.
Rise in American markets on April 8
On April 8, a strong rise was seen in the American stock markets. The Dow Jones index closed at 47,910, an increase of 1,325 points or 2.85%. The Nasdaq index rose 617 points, or 2.80%, to 22,635. At the same time, the S&P 500 index closed at the level of 6,783, which was an increase of 166 points or 2.51%.
Sensex closed 2,946 points higher yesterday
Yesterday, on April 8, there was a strong rise in the stock market after the announcement of a two-week ceasefire between the US and Iran. The Sensex closed at 77,563, a rise of 2,946 points (3.95%). The Nifty also rose by 874 points (3.78%) and closed at 23,997.
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