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Market move▼ Bearish for Indian equities
Stock Market LIVE: GIFT Nifty signals tepid open; Kospi down 2%; Brent rises on US-Iran tension
The brief
- GIFT Nifty signalled a tepid open; Kospi fell 2% and Brent rose
- Higher crude prices can pressure Indian oil-sensitive sectors and weigh on equities
- Global Market: KOSPI drops over 2% as Samsung, SK Hynix slide on yield concerns
- Global Market: Japan’s Nikkei slips after early gains as Nasdaq futures weaken
- Chinese Stocks Hit One-Year Low as Chip, Optical Firms Slide
- Japan Could Redraw the Global Oil Map
- Currency Check: Rupee opens marginally lower against dollar; Asian peers fall
Indian market outlook amid US-Iran tensions
GIFT Nifty signalled a weak or tepid start for Indian equities as Asian markets traded mixed amid uncertainty over the US-Iran war. Crude rebounded, with Brent rising and the Kospi falling 2%.
Monday, 28 September
- Stock Market LIVE: GIFT Nifty signals tepid open; Kospi down 2%; Brent rises on US-Iran tension