Stock Market Crash News Today Live Updates: Nifty Reclaims 23,450, Sensex Gains 500 Points From Day’s Low; IT Stands Out As Only Sectoral Gainer
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Indian equity benchmarks recovered part of the losses later in trade, indicating buying at lower levels. The NSE Nifty 50 and the BSE Sensex trimmed losses after falling as much as 1.4% each during the session. The 50-stock index dropped to 23,317 while the 30-share index declined to 74,180.26 at the day’s low.
Meanwhile, Brent crude futures for July increased 1.73% to $110.93 a barrel, while WTI crude for June rose 1.52% to $107.24, as prices moved higher as stalled peace talks between the US and Iran raised concerns over supply disruptions. US President Donald Trump warned Iran over the weekend, signalling risks of renewed conflict and uncertainty over the Strait of Hormuz.
Elsewhere, Asia-Pacific markets declined after US remarks on Iran raised concerns over escalation and oil supply risks. Australia’s ASX 200 fell 0.76%; Japan’s Nikkei slipped 0.2% while Topix edged up 0.1%. South Korea’s Kospi and Kosdaq dropped over 2%, while Hang Seng futures traded below the last close.
