Stock Market Today LIVE: The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index.(Photo: Reuters)Stock Market Today LIVE: The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Thursday, as investor sentiment dampened after US President Donald Trump said in an address that US forces will hit Iran ‘very hard’ for the next 2-3 weeks.
The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,354 level, a discount of nearly 446 points from the Nifty futures’ previous close.
On the global front, Asian markets reversed gains and traded lower, while US stock futures declined after President Donald Trump indicated that the Iran war in the Middle East would continue for more weeks.
Gold and silver prices fell after Trump said the US would hit Iran “extremely hard” over the next two to three weeks. Spot gold price declined 1.3% to $4,695.15 an ounce, while silver prices dropped 2.7% to $73.05 an ounce.
Crude oil prices jumped more than $4. Brent crude futures rose $4.88, or 4.8%, to $106.04 per barrel, while US West Texas Intermediate crude futures were up $4.17, or 4.2%, to $104.29 per barrel.
Stay tuned to this segment for Live updates on stock market and commodity market today.
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Thursday, as investor sentiment dampened after US President Donald Trump said in an address that US forces will hit Iran ‘very hard’ for the next 2-3 weeks.
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