Gift Nifty declines 1% on Iran strike concerns
after close1 source ↓written by the desknot a recommendation
- Gift Nifty fell
- 1.1%
- amid rising geopolitical
- 23,536
- 2%
Gift Nifty fell 1.1% to 23,536 amid rising geopolitical tensions following reports of US and Israeli airstrikes on Iran's South Pars gas field. This development raises fears of potential disruptions to global energy supplies, impacting investor sentiment. Crude oil prices surged, with Brent crude nearing USD 105 per barrel, up nearly 2%.
Not investment advice. For informational purposes only.