Indian equity benchmarks end lower as investors react to geopolitical uncertainty and weaker global cues. In one session, the Sensex edges up while the Nifty closes down, with late-session selling attributed to renewed US-Iran tensions that dampen sentiment despite some support from banking stocks. In the following session, both major indices close lower, driven by global weakness, rising crude oil prices and heightened Middle East tensions. The reports describe market volatility during trading, reflecting caution among investors and continued offshore fund activity pressure, including FII outflows. Sector performance is mixed: IT stocks face notable selling in the later session, while banking and pharma are described as offering some support. Across both days, the common theme is that external factors—geopolitics and global market conditions—outweigh domestic positives, contributing to uncertainty and uneven trading outcomes.
Sensex and Nifty end lower as geopolitics, global weakness and crude oil pressure stocks
Indian equity benchmarks end lower as investors react to geopolitical uncertainty and weaker global cues. In one session, the Sensex edges up while the Nifty closes down, with late-session selling att...
- The Sensex and/or Nifty close lower amid market volatility.
- Renewed US-Iran and Middle East tensions weigh on investor sentiment.
- Rising crude oil and global weakness contribute to the downturn.
- IT stocks experience significant selling, while banking and pharma show comparatively better performance.
- FII outflows and investor caution are cited as additional factors in the later session.
Indian equity benchmarks closed lower on Thursday, impacted by global weakness, rising crude oil, and Middle East tensions. IT stocks saw significant selling, while banking and pharma offered some support. Markets experienced volatility throughout the session, reflecting investor caution amid geopolitical concerns and FII outflows.
12 hours agoEquity markets saw gains evaporate on Wednesday, with the Sensex inching up and the Nifty closing lower. Renewed US-Iran tensions rattled investor sentiment, leading to a sell-off in late trade. Geopolitical concerns overshadowed positive domestic factors, while global markets also faced pressure. Banking stocks provided some support to the Sensex.
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