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Nifty Down 0.5%, Sensex Drops 400 Points: Three Reasons Why Market Is Falling
The broader market is facing slight pressure too, with the Nifty Smallcap 250 falling almost 0.1%, and the Nifty Midcap 150 dropping about 0.16%.
Indian Rupee loses momentum as international oil prices and dollar firms up
The Indian rupee lost momentum in opening trades on Wednesday as international oil prices and dollar firmed up following renewed tensions between US and Iran. Reported US air strikes on Iran drove oil prices higher, fueling inflation concerns and reinforcing expectations of interest rate hikes that kept dollar index upbeat. Meanwhile, investors also wait for the minutes of the Federal Reserves June meeting for additional insight into the policy outlook. INR opened at Rs 95.15 per dollar and hit a low of 95.19 so far during the day. Local equities are also seen in negative tracking global peers on concerns that the AI-fueled rally in chipmakers may be losing momentum. The Nifty 50 has fallen below 24,250 while the BSE Sensex has tumbled over 550 points, trading around the 77,60077,800 range. Yesterday, rupee appreciated 48 paise to close at 94.95 against the US dollar, on improved global risk sentiments as higher traffic flows through the Strait of Hormuz reduced supply uncertainties.
Sensex tumbles over 550 points, Nifty falls below 24,250 as Iran-US conflict escalates
Indian stock markets experienced a decline on Wednesday as oil prices surged. Benchmark indices Sensex and Nifty fell significantly due to renewed Iran-US conflict escalations. Broader market indices also slipped into the red, reflecting widespread bearish sentiment. Foreign investors, however, continued their buying trend for a fifth consecutive session. The Indian rupee opened lower against the US dollar amid these developments.
Stock Market Outlook Today, July 8: Sensex, Nifty Eye Recovery; Defence Stocks, FOMC Minutes in Focus - Goodreturns
Stock Market Outlook Today, July 8: Sensex, Nifty Eye Recovery; Defence Stocks, FOMC Minutes in FocusGoodreturns
Stock market today: Gift Nifty hints weak start; eight day trading stocks to buy on Wednesday, 8 July - livemint.com
Stock market today: Gift Nifty hints weak start; eight day trading stocks to buy on Wednesday, 8 Julylivemint.com
Stock Market LIVE: GIFT Nifty down 200 pts; Asian markets decline on renewed US-Iran tension
Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty signalled a gap-down open for the Nifty50 index. Asian markets declined on renewed US-Iran tension
Nifty reverts from 200-DEMA; focus on key supports amid US strikes on Iran
Indian market are likely to trade on a cautious note after fresh US strikes on Iran; key support for Nifty seen at 24,300 and 24,200, says Ponmudi R of Enrich Money.
Stock Market Today: Gift Nifty Drops 150 Points As Iran-US Tensions Signal Gap-Down Startcalate - News18
Stock Market Today: Gift Nifty Drops 150 Points As Iran-US Tensions Signal Gap-Down StartcalateNews18
Titan dividend alert! Last day to buy shares for Rs 15 dividend payout. Do you own?
Only those shareholders who own Titan shares in their demat accounts as of Thursday will be eligible to receive the bonus shares. Under the market regulator SEBI's T+1 settlement cycle, investors must buy shares of a company at least one trading day before the record date so that they are credited to their demat accounts by that day, making them eligible for the dividend.
Sensex Today | Stock Market Live: GIFT Nifty indicates a weak start; US, Asian markets fall - Moneycontrol.com
Sensex Today | Stock Market Live: GIFT Nifty indicates a weak start; US, Asian markets fallMoneycontrol.com
Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a negative start; Asian shares trade mixed
Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 8 July
Nifty 50, Sensex prediction today: The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,225 level, a discount of nearly 215 points from the Nifty futures’ previous close.