• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Sensex Trades Lower Amid Tension In Middle East

OMMCOM NEWS by OMMCOM NEWS
October 3, 2024
in Business
SENSEX

Mumbai: Indian equity indices were trading the deep red on Thursday following weak global cues amid escalating tension in the Middle East and worries over full-fledged war between Iran and Israel.

At 9.38 a.m., Sensex was down 589 points or 0.69 per cent at 83,686 and Nifty was down 174 points or 0.68 per cent at 25,622.

In the early trading hour, broader market trends remained weak. On the National Stock Exchange (NSE), 256 shares were in the green and 1,188 shares were in the red.

Twenty-eight out of 30 Sensex stocks were trading in the red.

Wipro, Asian Paints, Tata Motors, M&M, Maruti Suzuki, Reliance, Nestle, ICICI Bank, Titan, TCS, L&T, HUL, Kotak Mahindra Bank, HDFC Bank, Bajaj Finserv, HUL, Axis Bank and Bajaj Finance were the top losers. Only JSW Steel and Tata Steel were in the green.

Among the sectoral indices, Auto, FMCG, realty, media, energy and pvt bank were major gainers. Only the metal index was in the green.

Mixed trading is taking place in Asian markets. Tokyo and Taipei are in green, while Hong Kong, Bangkok, Seoul and Jakarta are in red.

In the US, stock markets closed with modest gains on Wednesday. The tech-heavy Nasdaq Composite rose slightly by 0.08 per cent, while the S&P 500 and Dow Jones Industrial Average inched up by 0.01 per cent and 0.09 per cent, respectively.

According to the market experts, the situation will change if Israel attacks any oil installations in Iran which will trigger a huge spike in crude. If it happens, it can turn out to be more damaging for oil importers like India. Therefore, investors should watch the emerging situation very closely. A partial switch in portfolios to defensives like Pharma and FMCG also can be thought of.

The foreign institutional investors (FIIs) extended their selling as they sold equities worth Rs 5,579 crore on October 1, while domestic institutional investors extended their buying as they bought equities worth Rs 4,609 crore on the same day.

(IANS)

Tags: Indian equityIranIsraelNational Stock Exchange (NSE)Sensex
ShareTweetSendSharePinShareSend
Previous Post

PM Modi Extends Greetings On The Auspicious Occasion Of Navratri

Next Post

Woman’s Half-Naked Body Recovered From Well In Dhenkanal; Husband Detained

Related Posts

Business

‘Festive Booster’: Centre Releases Tax Devolution Of Rs 1,01,603 Crore To State Govts

October 1, 2025
RBI
Business

RBI’s Move To Hold Repo Rate At 5.5 Per Cent Prudent Amid Global Uncertainty: Economist

October 1, 2025
Business

RBI Policy Statement An Authoritative One Towards Market Reforms: SBI Chairman

October 1, 2025
RBI Governor Sanjay Malhotra
Business

RBI MPC Keeps Rates Steady, Raises GDP Projection, Trims Inflation Forecast

October 1, 2025
Business

GST Revenues Up 9.1 Pc At Rs 1.89 Lakh Crore In Sep

October 1, 2025
Stock Markets
Business

RBI MPC Decisions Break 8-Day Losing Streak, Sensex Surges 715 Points

October 1, 2025
Next Post

Woman's Half-Naked Body Recovered From Well In Dhenkanal; Husband Detained

Doctor Shot Dead In Delhi; AAP Blames Centre, L-G For Rising Crime

Crowds Throng Himachal Temples With Onset Of Navratri

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.