Sensex, Nifty tumble ~2% as Trump declares Iran ceasefire 'over'

Markets/Business Today/
Sensex, Nifty tumble ~2% as Trump declares Iran ceasefire 'over'
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Indian equities posted their steepest single-day drop in more than three months on July 8. The Sensex fell 1,677 points (2.15%) to 76,504 and the Nifty lost 517 points (2.12%) to 23,882 after President Trump declared the US-Iran ceasefire 'over,' sending Brent crude up over 6%. Banking stocks led the broad-based selloff — a reminder of how fast geopolitics can move markets.

3 sources

  1. 01Stock market witnesses sharpest fall in over 3 months over Trumps Iran comment (IANS)ianslive.in
  2. 02Sensex, Nifty Fall Today: Trumps Iran Comments Rattle Markets (Business Upturn)businessupturn.com
  3. 03Trumps Iran Strike Talk, Brent Oil Spike Rattle Global Markets (Open Magazine)openthemagazine.com