Sensex, Nifty open in the red as US-Iran war rages on, hopes of peace dim
India, June 2 -- Indian benchmark equity indices opened lower on Tuesday, extending their recent losing streak amid persistent concerns over the ongoing conflict in the Middle East, rising crude oil prices, and continued foreign investor selling.
The BSE Sensex opened at 73,878.22, down 389.12 points or 0.52 per cent, while the NSE Nifty 50 slipped 153.45 points, or 0.66 per cent, to 23,229.15 in early trade.
The weak opening came after GIFT Nifty futures had signalled a negative start, indicating that investors remained cautious amid global and domestic headwinds.
Investor sentiment has been under pressure due to the prolonged conflict in the Middle East and uncertainty surrounding efforts to reach a diplomatic resolution. Brent crude...
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