- 🇮🇳 Indian Market: Indices ended lower today 📉 as rising US-Iran tensions increased global uncertainty. Reports of US-Israel strikes on Iran and Iran’s retaliation pushed Brent crude higher 🛢️, raising concerns about India’s import bill and inflation. Disruptions in the Strait of Hormuz added supply worries ⚠️, keeping sentiment weak. Experts say markets may stay volatile, though any easing in tensions could trigger a short-term relief rally.
- 📊 Market Breadth: On the NSE, 525 stocks ended in the green, while 2439 stocks closed in the red.
- 🌍 Global Market: US stocks ended sharply lower 📉 as investors worried the Middle East conflict could last longer and push global inflation higher.
- Asian markets also slipped for the third straight day, while oil prices moved up 🛢️, reducing hopes of early US interest rate cuts. However, Brent crude eased slightly after President Donald Trump announced insurance support for Gulf shipping and possible naval escort for tankers.
Market Update 📰:4-3-2026
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