Elsewhere in Asia, most major indices rose 1-2%, while key averages in Europe were up 0.2-0.9%. In the US, the Dow Jones Industrial Average, the S&P 500 and Nasdaq Composite was up around 0.9% at the time of going to press. At home, the Nifty crossed a key hurdle of 17,400, while the Volatility Index or VIX-a fear gauge-dropped, suggesting traders see lower risks of a downside to the market in the near term.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader