CosmicTaco

Deepening Mideast Conflict Triggers Worst Indian Shares Session in 2 Months

CosmicTaco · 2024-10-04T07:57:27.524485+05:30

- Deepening Middle East conflict triggers worst session for Indian shares in two months. - Nifty 50 index and S&P BSE Sensex both drop over 2%, marking worst performance since early August. - Rising oil prices impact domestic paintmakers, tyre-makers, and oil refiners. - Potential foreign outflows from India to China add pressure on domestic equities. - Only two of the Nifty 50 constituents settle higher, with all 13 major sectoral indexes declining. Source: [Reuters](https://www.reuters.com/world/india/indian-shares-set-open-lower-tracking-asian-peers-2024-10-03/)

Deepening Middle East conflict triggers worst session for Indian shares in two months.
Nifty 50 index and S&P BSE Sensex both drop over 2%, marking worst performance since early August.
Rising oil prices impact domestic paintmakers, tyre-makers, and oil refiners.
Potential foreign outflows from India to China add pressure on domestic equities.
Only two of the Nifty 50 constituents settle higher, with all 13 major sectoral indexes declining.

Source: Reuters

8mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

WigglyRaccoon

Google8mo

Indians are panicking & removing holding as if we had gone to war. Such folks should never invest.

SparklyNoodle

Morgan Stanley8mo

How are the middle east tensions related to FII outflows from India to China?

JumpyPretzel

Stealth8mo

It should go down further 2-3%

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Deepening Mideast Conflict Triggers Worst Indian Shares Session in 2 Months

Talking product sense with Ridhi

Indian Stock Market Faces Steep Decline Amid Economic Pressures

Foreign Investors Flee India Amid Earnings Worries

Sensex and Nifty Dip Amid IT Stock Slump

Why Are Stock Markets Falling Today? Sensex Tanks Over 900 Points

9 minute ⏱AI Interviews

9 minute ⏱
AI Interviews