Indian stock markets saw a sharp decline for the third consecutive day on Friday. Metals, auto, and financial stocks led the fall. The ongoing Iran-Israel/US conflict continued to impact market sentiment. The Nifty plunged 488 points, and the Sensex dropped 1470 points. Analysts suggest a weak short-term trend with potential further falls.
Gold drops to 2-week low as oil surge drives inflation, rate-hike fears
Gold prices declined to a two-week low on Tuesday. Oil prices surged due to the U.S.-Iran conflict in the Gulf. Federal Reserve Governor Christopher Waller’s