Mumbai: Indian equity benchmarks plummeted in highly volatile trade today as escalating geopolitical hostilities in West Asia sparked a massive sell-off across all major sectors. The benchmark BSE Sensex slid 374.28 points (0.50%) to trade at 73,869.06. Concurrently, the broader NSE Nifty 50 shed 121.15 points (0.52%), dropping down to 23,245.55.
Market sentiment soured dramatically following reports of fresh missile exchanges between Iran and Israel, disrupting international hopes of a structured regional ceasefire. The geopolitical fallout caused global Brent crude oil prices to surge, compounding standard domestic inflationary worries for India. Adding to local anxieties, the Reserve Bank of India recently revised its real GDP growth forecast down for the upcoming fiscal cycle to 6.6%, prompting heavy institutional offloading.
Tech giants bore the brunt of the correction, with Tata Consultancy Services (TCS) shares skidding 1.5% to ₹2,166 despite securing a multi-million euro European transformation deal. Bucking the broader bearish trend, Adani Energy Solutions emerged as an outperformer, rallying sharply to hit a fresh 52-week high. Foreign Portfolio Investors (FPIs) prolonged their aggressive selling streak, pulling net assets worth ₹8,776 crore out of the cash segment in the last trading session alone.
Share this:
- Click to share on WhatsApp (Opens in new window) WhatsApp
- Click to share on Facebook (Opens in new window) Facebook
- Click to share on X (Opens in new window) X
- Click to share on LinkedIn (Opens in new window) LinkedIn
- Click to share on Telegram (Opens in new window) Telegram
- Click to print (Opens in new window) Print
- Click to share on Tumblr (Opens in new window) Tumblr
Click to comment
Latest Posts
- India’s First CMP Pad Technologies Hub Inagurated by TG Minister Sridhar Babu
- Manipur CM Launches “Uningthou Uyok” Plantation Drive at Olympian Park
- WhatsApp Forwarded Tickets Are Not Valid: Indian Railways
- State Government Ready to Rehabilitate the Damaged 3 Barrages: CM Revanth
- Musi River Rejuvenation Project Must Be Implemented: Social Thinkers
- Medicover Cancer Institute Successfully Treats Liver Cancer Patient With Immunotherapy
- Wide Angle Organises ‘Know Your Village’
- DGP C.V. Anand Reviews long pending Reorganisation of Police Stations in Four Commissionerates
- Congress Backed Out of Debate Because It Cannot Defend Corruption in Gurukul Tenders: Harish Rao
- Airtel and Jio Shock Users… Tariffs May Increase by 20%!
Telangana Updates
-
Telangana
/ 2 weeks agoIndia’s First CMP Pad Technologies Hub Inagurated by TG Minister Sridhar Babu
Hyderabad: Telangana has taken another significant step forward in the semiconductor manufacturing sector. With...
-
Telangana
/ 2 weeks agoState Government Ready to Rehabilitate the Damaged 3 Barrages: CM Revanth
Hyderabad: Telangana Chief Minister A Revanth Reddy affirmed that the state government is ready...
-
Telangana
/ 2 weeks agoMusi River Rejuvenation Project Must Be Implemented: Social Thinkers
Hyderabad: The Musi River Rejuvenation Project should be implemented through public participation, scientific planning,...
-
Telangana
/ 3 weeks agoDGP C.V. Anand Reviews long pending Reorganisation of Police Stations in Four Commissionerates
Hyderabad: Director General of Police, Telangana, Sri C.V. Anand, IPS, chaired a review meeting...
