Indian stock markets experienced a significant downturn on Tuesday. Both the Sensex and Nifty indices saw substantial declines. This drop was influenced by renewed tensions concerning the Iran-US conflict and continued selling by foreign institutional investors. Several major stocks, including Bajaj Finance, faced losses. However, IT stocks showed resilience, moving against the general trend.
Silver, gold open flat as investors assess Iran war peace deal uncertainty. Where are precious metals headed?
Gold and silver prices were largely steady on MCX on Tuesday, with gains capped by a stronger U.S. dollar and higher crude oil prices as