Vinay Rajani of HDFC Sec suggests Viyash Scientific, Federal Bank shares to buy in near-term
Stock market today, June 8 -- Indian equity markets came under sharp selling pressure on Monday, with benchmark indices extending losses amid escalating geopolitical tensions in West Asia and a broad-based selloff in global technology stocks. Weak global cues and heightened risk aversion weighed on investor sentiment, prompting heavy selling across sectors.
The BSE Sensex plunged 821.73 points, or 1.11%, to 73,421.61, while the NSE Nifty 50 declined 286 points, or 1.22%, to 23,080.70 in early trade.
The primary catalyst behind the market weakness was the renewed escalation of hostilities between Iran and Israel, which reignited concerns over regional stability and global energy supplies. The conflict pushed crude oil prices sharply high...
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