Nifty trades below 22,950 mark; auto share slumps
Mumbai, April 7 -- Headline equity benchmarks recovered some early losses but continued to trade with mild declines in morning trade, weighed down by a mix of global and domestic headwinds. Investor sentiment weakened after fresh geopolitical tensions emerged following U.S. President Donald Trump's renewed threats toward Iran, which pushed oil prices higher and heightened market anxiety.
Markets are volatile due to the weekly expiry of Nifty 50 contracts, the first in the April series. Amid this uncertainty, the Nifty slipped below the 22,950 mark in morning trade. Auto stocks declined after advancing in the previous trading session.
At 10:25 IST, the barometer index, the S&P BSE Sensex, fell 105.20 points or 0.14% to 74,001.65. The Nif...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.