- ๐ฎ๐ณ Indian Market: Indices faced sharp selling today as weak global cues and rising Middle East tensions pushed crude oil higher, increasing concerns over inflation, currency pressure and Indiaโs import bill, which weighed on equities ๐๐ข. As uncertainty grew, investors reduced exposure and volatility spiked, while experts ๐จโ๐ป noted that such geopolitical risks can cause sharp swings, making disciplined risk management more crucial than strong directional bets.
- ๐ Market Breadth: On the NSE, 474 stocks ended in the green, while 2501 stocks closed in the red.
- ๐ Global Market: Almost all markets tumbled today as Middle East tensions escalated after reports of Iranโs Supreme Leader Ayatollah Ali Khamenei being killed in U.S.-Israel strikes โ ๏ธ, raising fears of prolonged conflict and energy supply disruption. This pushed oil ๐ข๏ธ prices higher while stocks fell, and investors moved toward safe havens like the dollar, gold and bonds, which also lifted gold and silver prices globally today.
