Stock Market Today: Why Did Dalal Street Open In Red Despite Positive Global Cues? Nifty Slips Below 23,450, While Sensex Crashes In Early Trade
India, June 3 -- Stock Market Today, Opening Bell: Indian markets kicked off Wednesday's session on a cautious note, with the key indices drifting into the red despite broadly supportive cues from overseas. While Wall Street managed to tack on gains during the night and Japan's Nikkei printed fresh record highs, investors on Dalal Street seemed to be staring more at the simmering geopolitical tensions around the United States and Iran. Also, crude oil prices staying elevated didn't help much. The uncertainty related to the Strait of Hormuz, which is a critical global oil passage, kept risk appetite from really opening up. So, at the opening bell, traders leaned toward a measured style, even though technology-led optimism was still pretty ...
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