Indian equity indices ended a volatile session on a weak note as rising geopolitical tensions and cautious global signals weighed on investor sentiment.
๐ป Sensex closed at 80,334.81, down 411.97 pts (0.51%)
๐ป Nifty closed at 24,273.80, down 140.60 pts (0.58%)
๐ Key Drivers:
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Escalating tensions between India & Pakistan, following Indian forces' strike on Lahore's air defence system, led to profit booking in the final hour.
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The US Fedโs cautious stance on inflation and labor market risks added to the bearish tone.
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Early gains were erased quickly, with the market turning rangebound before a sharp sell-off in the last hour.
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Late buying at lower levels helped cap some losses.
๐ Despite domestic pressures, global markets remain stable, supported by optimism over a potential US-UK trade deal and early signs of progress in US-China trade talks.
๐ Expect volatility to ease as geopolitical tensions de-escalate.
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