The closure of the stock market: The market closed with a fierce fall on the last day of the week, Nifty 232 When Sensex dropped to 765 points, know what's the reason?

The stock market closed on Friday (August 8) on the last day of the week. On the last day of the week there were many profits in the market. The Sensex, the Nifty closed 1-1 percent. On the last day of the week, the market closed near the lowest levels of the day. The Sensex dropped 765 points to close at 79.857. The Nifty fell by 232 points on 24,363 and the bank Nifty closed 55,004 with 516 points. Market and slipped to a poor start in the morning. The Sensex trades with a decrease of 570 points. At the same time, the Nifty was also about 200 points. In addition to the media and the oil and gas index on the Nifty, all the index traded in the red mark. Index like Realty, metal, it was the biggest decline. Why deteriorate to a dull start? Pressure on FII’s regular sale – Trump has laid a condition to stop buying oil from Russia before starting with a conversation with India – Brazil, Russia, and now China’s arrival with India indicates tensions – therefore markets are nervous before weekends – retail investors are not in malls – domestic funds are also shopping. Will Nifty be able to save the level of 24450? – The last support is between 24450 and tomorrow’s low is between 24350 – the last support bank Nifty is approximately 54950-55000 – If the Nifty 24350, the bank is closed below 54950, then the next week is the threat of falling – the next week is the threat to the Nifty 24675, bank Nifty 55650? – Markets are oversold and have large support levels – FII index – futures long positions are only 8.5% – There is no harm to recover – there is no damage in the market – there is a poor perception in the market – follow the levels strictly – remember that the last hour is always sold, just like tomorrow, when you see the last hour in the last hour. Will you be able to maintain the level? – Hopefully with strong support – the closure of today doing or dying – SBI results are as expected – Bank nifty can increase or fall, but due to SBI results, it will not fall. After the poor remark, the decline in the share initially made shopping in Auto and MMC shares. At the same time, the pharmaceutical index saw the most weakness. Hero Motocorp, Titan, Bajaj Finance, NTPC, Tata Motors, Bajaj Finserv were the highest leading shares on the Nifty. At the same time, Bharti Airtel, Infosys, Call, Eternal, Axis Bank refused. The Sensex opened with 185 points to 80,478 compared to the previous closed price. The Nifty opened on 24,544 with a decrease of 52 points. Bank Nifty fell by 88 points at 55.609 and the rupee opened strongly at $ 87.56/with 14 paise. The gift Nifty opened in the morning with a 32 -point decline. However, with the closure of the market yesterday, the lower levels show excellent recovery. In such a situation, it must be seen how today’s attitude is. Yesterday, US markets saw many up and downs. Dow Jones slipped from a high level of 530 points to close 225 points, while Nasdaq scored a profit of about 75 points. The Nifty gift remained stable for about 24,650, while the Dow Futures closed with a strong 100 points and the Nikkei of Japan with a quick 800 points jump. How about global triggers? US President Donald Trump has excluded the possibility of negotiating a trade agreement with India. He made it clear that there would be no discussion on the trade agreement until the issue of buying oil from Russia was resolved. Meanwhile, an important cabinet meeting will be held at 1pm today at 1pm, in which the issue of rates can be discussed. In the midst of the tariff controversy, the president of Brazil called Premier Modi. The two leaders have discussed increasing mutual cooperation in trade, defense, energy, agriculture, technology and health sectors.