India's Sensex experienced a decline of 0.6 per cent, particularly affecting consumer durables and banking stocks. Today, Sensex continues to trend lower in alignment with other Asian stocks.
Hours after the US helicopters sank three Houthi boats in the Red Sea, the White House issued a statement saying that it is not seeking a 'wider conflict' in the Middle East, CNN reported.
"I spoke to Crown Prince Mohammed bin Salman earlier on the situation in Israel and Gaza. We both recognise the devastating consequences of wider conflict in the Middle East. We will work closely to prevent escalation, including destabilisation fuelled through Iranian proxies," posted Sun
Mumbai (Maharashtra) [India], Jan 8 (ANI): Equity benchmark indices recovered from intraday lows but ended with marginal losses on Wednesday as investors feared a wider conflict in the Middle East after Iran fired missiles at US forces in Iraq overnight.
Mumbai (Maharashtra) [India], Jan 8 (ANI): Equity indices extended losses on Wednesday afternoon after Iran fired missiles at US forces in Iraq overnight, pushing oil prices higher as investors feared a wider conflict in the Middle East.