US-Iran Tensions: Domestic Equity Markets Fall Amid Rising Oil Prices

Dusmanta Behera
Dusmanta Behera - Editor-in-Chief
1 Min Read

NewzVille Desk

Domestic equity indices fell today as a fresh flare-up in US and Iran tensions led to a rise in crude oil prices and dampened investor sentiment. The Sensex plunged one thousand 313 points, or 1.7%, to close at 76 thousand and 15. The Nifty lost 360 points, or 1.5%, to settle at 23 thousand and 816.

The broader market on the National Stock Exchange also ended with losses. The Midcap 100 dipped 1%, while the Smallcap 100 fell by over 1.1%.

Earlier, the markets opened on a negative note amid weak global cues and remained under pressure throughout the session. Although the indices attempted to pare some of their initial losses during the day, intensified selling in the final hour dragged the markets lower.

 

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Dusmanta Behera
By Dusmanta Behera Editor-in-Chief
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Dusmanta Behera's pioneering experience of 26 years includes key roles at News Today Pvt Ltd, ETV Networks, Lok Sabha TV. Rajya Sabha TV, and Sansad TV. As an accredited Video Journalist for more than 15 years under MI&B, Government of India covered State Visits of Prime Minister and Vice President. Valuable Contributions include Series on "National Security" and Chamber Telecast. Key interest remains in Documentaries on Armed Forces and Travelogues.
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