Indian stock markets might experience a downturn this week. This follows US strikes on Iranian nuclear sites, escalating Middle East tensions. Rising oil prices and potential Strait of Hormuz closure could negatively impact market sentiment. Investors are closely watching Iran’s response. The Nifty and Sensex previously rebounded, but this new development threatens that recovery.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.