WESTMINSTER must be recalled to force the Labour UK Government to provide "real" support for households and businesses in the face of an energy crisis, John Swinney will say.
Mumbai, April 2 (IANS) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict. Sensex opened at 72,262, down 872 points or 1.19 per cent, while the Nifty fell 1.31 per cent or around 300 points to open at 22,383.40. Both the indices fell further as trading progressed in early hours. All sectors opened in the red, with banking, realty, chemicals, auto, metal, and healthcare among the top losers. Sun Pharma, IndiGo, Asian Paints, Shriram Finance, Larsen and Toubro, Axis Bank, Eternal, and Trent were the top laggards in the 50-scrip Nifty basket. Sentiment was hit after US President Donald Trump stopped short of outlining a roadmap to end the conflict in West Asia amid fresh threats. Market experts said the near-term outlook remains mildly bullish, underpinned by easing crude prices, improving geopolitical cues, and steady DII inflows. "However, markets are likely to remain volatile and event-driven, with close attention on crude oil movements, FII activity, and further developments in West Asia," they said. The Indian rupee remained under pressure but showed signs of stabilising, supported by improving global risk sentiment. Overnight, Wall Street ended higher, with the S&P 500 gaining 0.72 per cent or 46.80 points and the Nasdaq rising about 1 per cent or 250 points. Across Asian markets, major indexes traded in the red, with the Nikkei, Hang Seng, and KOSPI falling up to 3 per cent. Oil prices rebounded, with Brent crude futures rising as much as 5.24 per cent to $106.47 per barrel and US WTI futures climbing 4.5 per cent to $104.64 as of 8:52 am. On Wednesday, foreign institutional investors (FIIs) were net sellers in the Indian equity markets, offloading shares worth Rs 8,331 crore, while domestic institutional investors (DIIs) provided support by buying equities worth Rs 7,171.80 crore. --IANS ag/na
End to war less clear as Trump pledges to send Iran to the ‘Stone Ages’
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FIIs were net sellers on every single trading session in March, which tells you this was not tactical profit-booking but a structural reallocation away from India and emerging markets more broadly.
The BSE Sensex nosedived nearly 1,500 points (1.99%) to 71,766 while in the Nifty 50 dropped 453 points or 2% to 22,226.
Gold (XAU/USD) witnessed an intraday turnaround from the $4,800 mark, or a fresh two-week high set earlier this Thursday, and for now, seems to have snapped a four-day winning streak amid resurgent US Dollar (USD) demand.
Gold retreats sharply from two-week top as Trump Iran remarks lift USD FXStreet Gold, Silver Rate Today Live Updates: Precious metals tumble after Trump's remarks; silver crashes 5.5%, gold slips over 1% on MCX The Times of India Gold snaps 4-day winning streak after Trump speech signals Iran escalation Investing.com India Will gold price touch $5,000 and silver reach $90 soon? Gold and silver price movement, analysts insights, The Economic Times Gold, silver prices today: Why is silver falling more than gold? indiatoday.in
In February, Thailand's economy softened, with declines in exports, tourism, and private consumption, despite growth in private investment and government spending. Headline inflation decreased, while core inflation remained stable.
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Gold and silver prices on MCX opened sharply lower Thursday following U.S. President Trump's threats of continued military action in Iran. Brent crude surged, while Treasury yields and the dollar index rose, further pressuring precious metals. Experts advise booking profits on rallies and avoiding fresh long positions.
The 130-paise jump comes after RBI introduced additional measures to curb currency volatility