Opening Bell: Sensex Falls 388 Points, Nifty 50 Drops 102 Points as U.S.-Iran Tensions Hit Market Sentiment
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At 9:18 AM, the Sensex was trading 388.16 points, or 0.5 per cent, lower at 77,228.24. The Nifty 50 declined 102 points, or 0.42 per cent, to 24,109.10.
✨ Key Takeaways
Indian equity markets opened lower on Tuesday as escalating U.S.-Iran tensions weighed on investor sentiment and raised concerns over global risk factors.
At 9:18 AM, the Sensex was trading 388.16 points, or 0.5 per cent, lower at 77,228.24. The Nifty 50 declined 102 points, or 0.42 per cent, to 24,109.10.
Broader markets also witnessed selling pressure, with the Nifty MidCap index down 0.37 per cent and the Nifty SmallCap index falling 0.57 per cent during early trade.
Among sectors, the Nifty Financial Services, Nifty Auto, and Nifty Realty indices were the biggest losers in the opening session. On the other hand, the Nifty Pharma and Nifty Metal indices gained the most, showing resilience amid the broader market weakness.
Disclaimer: The article is for informational purposes only and not investment advice.