The Iran-Israel war has totally spoiled the market's mood. For the second day straight, the Sensex and Nifty have crashed. While big sectors like banking, auto, and metal are deep in red, three stocks are standing strong like a rock in this storm.
When big stocks were tumbling as the market opened, Tech Mahindra surprised everyone. This IT stock showed strength, gaining about 0.34%. It opened at ₹1,334.40, hit a high of ₹1,342.50, and despite market pressure, it held firm at ₹1,338.90. Today, 3,35,542 shares worth around ₹4,482 lakh were traded.
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Wars and Middle East tensions directly impact energy supplies, making Coal India shine. While the Nifty is down 300 points, this stock is up 0.19% in the green. Coal India opened at ₹446.75 and hit a high of ₹451.00. It's currently trading at ₹447.60. The stock saw massive activity, with 15,97,999 shares worth over ₹7,151 lakh traded.
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Even as the market dropped 1,000 points, Reliance's stock was seen racing ahead. The impact of its US deal is visible today. The stock showed amazing resistance, holding on with a small but important gain of 0.03%. It opened at ₹1,390.00, touched a high of ₹1,397.00, and is now trading above its previous close at ₹1,390.60. Reliance saw the highest volume today, with about 26,27,380 shares traded, valued at ₹36,545 lakh.
In this market chaos, the Sensex had already crashed by about 1,000 points to near 75,900 by 10 AM. The Nifty is also struggling below the 23,600 mark. This is the second straight day investors have faced a major setback.
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The Sensex is currently at the 75,900 level and the Nifty is below 23,600. Auto, metal, and banking stocks are facing heavy selling today. Experts believe this market volatility will continue until news of easing tensions comes from the Middle East.
**Disclaimer:** This article is for general information only. The share details are based on nseindia.com updates as of 10 AM and can change. This is not investment advice. Stock market investments are subject to risks. Always consult your market expert before any investment.
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