Nifty Slips Below 24,000 as Fresh Iran Geopolitical Tensions Spark 3% Crude Oil Spike
The Indian equity benchmarks snapped their two-day winning streak today as intensified selling pressure in the final trading hour dragged the Nifty below the crucial 24,000 mark. Global investor sentiment soured after the U.S. military launched fresh defensive strikes against targets in southern Iran, dampening immediate hopes for a ceasefire. While the large-caps suffered, the broader midcap indices defiantly managed to scale fresh lifetime highs.