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Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Wednesday on rising Middle East tensions and escalating US-Israel-Iran war. While Nifty50 went below 24,400, BSE Sensex was down over 1,600 points. At 9:16 AM, Nifty50 was trading at 24,380.45, down 485 points or 1.95%. BSE Sensex…
Energy markets have reacted sharply, ever since the US and Israel carried out strikes on Iran last week. As the conflict intensifies, US oil firms might be poised for stronger earnings on the back of rising prices. Even so, the key question for the sector is whether the latest Middle East tensions will translate into…
Asian equities saw a sharp sell-off on Wednesday, with Kospi leading the fall as escalating war fears and surging oil prices unsettled investors. South Korea’s benchmark Kospi index sank 8.1%, triggering a halt in trading. The sharp fall happened as worries about energy security outweighed earlier optimism around the AI-driven gains of major tech firms…
NEW DELHI: An Indian HNI woke up to a message from a Dubai-based broker on Tuesday, asking for the best offer for a beachfront property, which was “in distress”.But, the West Asia crisis has created doubts in her mind over Dubai’s well-earned reputation as a haven.She is not alone and multiple realtors say many Indians…
MUMABI: Investors on Dalal Street are expecting another session of strong selling on Wednesday when markets resume after a day’s trading break for Holi. Escalating war in West Asia pulled most global stocks deep into the red on Tuesday. In late trades on Tuesday in GIFT City, Nifty futures were down 3.3% or about 825…
Officials interact with Indians stranded in Kuwait at the embassy NEW DELHI: With the conflict in the West Asia region intensifying further, India has expressed deep anxiety over the issue, saying it cannot be impervious to any development that negatively affects almost 1 crore Indian nationals in the Gulf and that any major disruption in…
MUMBAI: India’s trade and energy supplies face fresh risks after reinsurers and Protection & Indemnity (P&I) clubs announced cancellation of war risk insurance for vessels transiting the Strait of Hormuz and Iranian waters, following an escalation in the Iran conflict. The cancellations, effective from this week, have left over 150 vessels stranded and disrupted a…
Iran has warned that continued US-Israeli attacks will trigger retaliation against “all economic centres” across the Middle East, while signalling further disruption to global energy supplies.Islamic Revolutionary Guard Corps (IRGC) general Ebrahim Jabbari said Tehran would escalate its response if its “main centres” were targeted. “We are saying to the enemy that if it decides…
The United States has shut its embassies in Saudi Arabia, Kuwait and Lebanon after drone attacks and warned Americans to “depart now” from more than a dozen Middle Eastern countries signalling that military operations against Iran could intensify in the coming weeks. US shuts Gulf embassies after drone attacks The US State Department on Tuesday…
A sharp escalation in the Middle East conflict has choked India’s basmati rice shipments, leaving nearly 400,000 metric tons stranded at ports and in transit, while new export deals have come to a halt as freight rates have more than doubled since the US and Israel attacked Iran over the weekend, trade officials told Reuters.India,…
