Author: Partha Halder
The Indian stock market is caught in a whirlwind, driven by escalating US-Iran tensions, soaring crude oil prices, and FII outflows. The Nifty 50 and Sensex have plunged, erasing nearly ₹5 lakh crore of investor wealth, while the rupee weakens to ₹95 per USD and gold shines as a safe-haven asset. Market Mayhem Geopolitical drama’s got everyone on edge, and markets are feeling the heat! Crude oil prices are spiking, hurting oil marketing companies but benefiting upstream producers. Key Impacts Gold Rush Investors are flocking to gold amidst uncertainty. Outlook: Where’s the Bottom? Experts are divided – some predict further…
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