Asian markets plunged on Monday, meanwhile, us stock market closed in red, following the united states’ Strike on three nuclear facilities in ran.
On Friday, India’s Benchmark Stock Indices Ended A Three-Day Losing Streak, Rising Over 1%, Driven by Short-Covening Ahead of the Upcoming Monthly Derivatives Expary and Relief Trump’s decision to delay involvement in israel’s offensive against Iran.
The nifty 50 and s & p bse sensex both 1.3%, closing at 25,112.40 and 82,408.17 points, respectively. The rally in the nifty 50 was supported by Strong Gains in Major Stocks Including HDFC Bank, Reliance Industries, Bharti Airtel, and ICICI Bank.
“Markets Witnessed Consolidation after the Recent Spell of Subdued Trend, as Strong European Cues and Positive Dow Futures Trigered a Massive Rally in Local Benchmarks. Investors ALSO ALESO ALESO ALESO ALESO ALESO ALESO ALESO ALESO ALESO ALESO ALESO ALES ALESO ALES ALES ALESO ALESO ALESO ALESO ALES ALESO ALESO ALES ALESO ALES is ALES ALESO ALESO ALESO ALES Covering Ahead of Next Week’s Monthly Derivatives Expiry. Escalation in tension also fuel uncertainty and spook markets, “Said Prashanth Tapse, Senior VP (Research), Mehta Equites Ltd.
Here are key global market cues for senses today:
Asian markets
Asia-Pacific Markets Tumbled on Monday Folling The United States’ Strike on Three Nuclear Facilites in Iran, which Drove Up Oil Pries and Heightened Investor Concerns over a potentation in the addle East conflict.
Japan’s Nikkei 225 dropped 0.58%, while the broader topix index slipped 0.48%.
South Korea’s Kopi Index Declined 1.16%, and the Tech-Heavy Kosdaq Saw a Sharper Fall of 1.99%.
Meanwhile, futures for hong kong’s hang seng index was at 23,396, indicating a weaker start compared to its Previous Close of 23,530.48.
Gift nifty today
Gift nifty was trading Around 24,977 Level, A Discount of Nearly 152 Points from the Nifty Futures’ Previous Close, Indicating a MUTED START for the Indian Start for the Indian Stock Market INDICES.
Wall Street
Us equity futures declared during asian trading hours after American Military Strikes in Iran. Dow Jones Industrial Average Futures Dropped 109 Points, OR 0.3%, While Futures Linked To The S & P 500 and Nasdaq 100 Slipped 0.3%and 0.4%, Respectly.
On Friday, two of wall street’s Major Indexes Closed Lower as Investors Monitored Escalating Tensions in the Middle East and Weighed the federal reserve’s outlook on Interest Rate Cuts. The S & P 500 Dipped 0.22% to Close at 5,967.84, Marking Its Third Straight Loss. The nasdaq composite slid 0.51% to end at 19,447.41, whereas the down Jones Industrial Average Inched Up by 35.16 Points, or 0.08%, Finishing at 42,206.82.
Us joins israel -ran war
The World Watched with Tension on Sunday as Iran Prepared to Respond to a Major Us Assault on Its Nuclear Facilites – Marking The Most Significant Western Military Action Action Action Action Action 1979 revolution and carried out in coordination with israel.
A day after the US Deployed 30,000-Pound Bunker-BUSTER BOMBS TARGETING The Mountain Above Iran’s Fordow Nuclear Site, Iran Pledged to Defend Itself. Meanwhile, us leaders called on tehran to exercise restraint, even as anti-wait protests began to surface in cities access America.
Us dollar
The us dollar edged up modestly on monday as cautious investors turned to safer assets, thought the Gains were limited, indicating that markets were awaiting iran’s reaction to us striks nuclear Facilites, which have heightened tensions in the middle East.
In the currency market, the dollar strengthened against Most Most Major Currencies. It rose by 0.25% against the japanese yen, Reaching 146.415 after Hitting a one-month high ear earrlier in the day.
Crude Oil Pries
Oil Pries Suried on Monday to their Highest Levels Since January, Driven by Concerns over Supply after
As of 0117 GMT, Brent Crude Futures Rose By $ 1.92, or 2.49%, to $ 78.93 per barrel, when us west texas intermediate (wti) Crude Climbed $ 1.89, Or 2.56%, to $ 75. 75. 75. 75. 75. 75.73. Barrel.
Brent has Climbed 13% Since the Conflict Started on June 13, while wti has increased by approximately 10%.
Gold Prisis
Gold pris’s are likely to be under scanner following a significant escalation in the ran-israel conflict, as former us president donald trump announced amenced amenced america ‘
On Friday, Gold Pries Remained Largely Unchanged. Spot Gold Houweered at $ 3,369.63 per oaunce – In Lowest Level Since June 12 – WHILE The Overall Index Recorded A Weekly Developed of 1.8 per cent. Meanwhile, US gold futures dropped by 0.7 per cent to $ 3,385.50.
Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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