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.
Global Market Today: Asian stocks slip on AI woes, oil extends drop
Asian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-high valuations amid rising costs