look news india
Mumbai: Israel's war with Hamas and Lebanon and now the threat of war with Iran after Iran's 200 ballistic missile attack has pushed the Middle East into an epic war.
Indian stock markets remained closed today-Wednesday on the occasion of Gandhi Jayanti. But after Iran's missile attack yesterday, till late night the GIFT Nifty index was 229 points behind the global markets at 25801.
Indian stock markets may see initial shock tomorrow due to geopolitical tension due to Israel's warning of timely response to Iran's missile attack and escalating war on Lebanon front and fear of Israeli attack on Iran at any time. . Global market.
Experts are anticipating a major impact on India's crude oil imports in the event of a Middle East war and a huge increase in the import bill.
Whereas in recent times, as a result of China's mega stimulus package, there may be a big selloff in the Indian stock markets due to the shift of foreign funds towards China. Along with this, changes in the rules made by capital market regulator SEBI to control volatility in futures and options indices are also expected to have an impact on the market opening tomorrow, Thursday.
Hong Kong's Hang Seng rose 1,310.05 points to 22,443.73, while China's markets were closed for National Day Golden Week. While the Nikkei 225 index of Japan's Tokyo Stock Market fell 843.21 points to 37808.76.
In the evening, in the markets of European countries, Germany's Dax index showed a decline of 122 points, France's Cake 40 index declined by 8 points and London's Footsie 100 index showed an improvement of 11 points. In the evening, a fall of 90 points in Dow Jones and 25 points in Nasdaq was seen in futures trading in the American stock markets.