Indian stocks open deep in red; Sensex cracks 900 points:Nifty breaks below 23,000 mark; Trump’s latest comments put oil prices on boil

The share market is witnessing a decline today, 28 September. The Sensex is trading at around 73,200, down over 900 points. The Nifty is also down around 280 points and is trading at 22,900. Banking, FMCG and realty shares are witnessing heavier selling today. Trump says US will soon win Iran war: US President Donald Trump has said the United States will win its war with Iran “very soon”, while Iranian Foreign Minister Abbas Araghchi said Tehran remains focused on protecting its national interests. Trump made the remarks during an interview with Fox News on Sunday. Oil prices rise 2% Oil prices continued to rise. Brent crude futures increased to $107 a barrel at the time of writing this article. 2 IPOs to open today The IPOs of SRIT India and share broking firm Shah Investors Home will open today. SRIT India aims to raise ₹218 crore through its IPO, while Shah Investors Home plans to raise ₹90.17 crore. Bids can be placed in both IPOs until 30 September. Mixed trading in Asian markets The US market had risen on 25 September Foreign investors sold shares worth ₹7,796 crore in seven days Note: The net buying/selling figures for FIIs and DIIs are in ₹ crore. The market had declined on Friday Earlier, the stock market had risen on Friday, 25 September, during the previous week. The Sensex climbed 315 points to close at 73,896. The Nifty also gained 77 points, closing at 23,141.