Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.
Stock indices in the US fell substantially after Friday's jobs report, which showed the US unexpectedly lost jobs in February, World Street Journal reported.
After a rebound the previous session, Indian stock indices traded again in the red on Friday, ending the week on a weak note amid tensions in West Asia.
Indian stock indices extended their bearish run, with benchmark Sensex opening over 2 per cent lower at the Wednesday morning bell, amidst escalating geopolitical tensions in West Asia that have weighed down financial markets worldwide. At the time of filing this report, Sensex was 2.1 per c
Indian stock indices dipped Thursday, weighed down by a nosedive in IT counters, with analysts attributing it to mounting concerns over AI-led disruptions.
Indian stock indices settled higher on Tuesday, extending gains from the previous session, with analysts attributing it to the interim trade deal with the US, the possible return of foreign institutional investors, and positive cues from other Asian markets.
Indian stock indices settled lower on Thursday, with analysts attributing the decline to profit booking following the recent uptick after the announcement of the India-US trade deal.
Indian stock indices recovered on Monday, though not entirely, after the Budget day nosedive, partly due to value buying and weakening global crude oil prices.