GIFT Nifty was trading around the level of 24,075, which is 131 points lower than the previous close of Nifty futures.
GIFT Nifty was trading around the level of 24,075, which is about 131 points lower than the previous close of Nifty futures.
Meanwhile, Asian markets were trading in the red, and the US stock market also declined overnight, with the S&P 500 down from a record high.
This comes against the backdrop of tensions linked to the Middle East crisis, with the ceasefire on the verge of breaking. Recent shootings have created further uncertainty in the region, while retaliatory strikes have been launched against Iranian targets.
crude oil prices
Crude oil rates have increased by ^% in the last session. Meanwhile, Brent oil futures for July fell 0.95% to $113.35 a barrel, having settled 5.8% higher on Monday. US West Texas Intermediate (WTI) crude fell 1.95% to $104.34 after rising 4.4% in the previous session.
gold rate today
The yellow metal remained mostly steady amid threats of rate hikes and inflation due to new tensions between the US and Iran. Spot gold rose 0.2% to $4,528.99 an ounce, while US gold futures for June delivery rose 0.1% to $4,538.20. Meanwhile, spot silver rose 0.1% to $72.76 an ounce.
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