India  

₹6 Lakh Crore Wiped Out: Key Factors Behind Today’s Market Crash Amid Middle East Conflict

IndiaVision Thursday, 3 October 2024
Today, the Indian stock market saw significant losses, erasing around ₹6 lakh crore in investor wealth as both the BSE Sensex and NSE Nifty dropped by approximately 1%. This sudden decline follows a period of rally and can be attributed to several critical factors: 1. Geopolitical Instability: The ongoing Middle East conflict, particularly between Israel and Lebanon, has created uncertainty in global markets. Investors are turning to safer assets, causing equity markets to dip. 2. Rising Oil Prices: As a major crude oil importer, India is feeling the pressure from increasing oil prices, which have surged due to concerns over potential supply disruptions from the conflict. Brent crude futures rose […]

₹6 Lakh Crore Wiped Out: Key Factors Behind Today’s Market Crash Amid Middle East Conflict
0
shares
ShareTweetSavePostSend
 
Video Credit: euronews (in English) - Published
News video: Middle East crisis could spark new wave of refugees to Europe: UN

Middle East crisis could spark new wave of refugees to Europe: UN 02:39

A representative for the UN's refugee agency told Euronews that Europe could be seen as a refuge amid fears of a growing humanitarian catastrophe in the Middle East, prompted by the conflict between Israel, Iran, Lebanon and Hamas.

You Might Like


Related videos from verified sources

Donald Trump Just Turned The Middle East Upside Down!!! [Video]

Donald Trump Just Turned The Middle East Upside Down!!!

November 12th, 2024 LIVE!!! With James Kaddis and David TaL!!! President Elect Trump has changed the landscape of the Middle East in many ways, and make no mistake, we have yet to see the full effect..

Credit: RumblePublished
Video | PM Modi, Iran's President Hold Talks Amid Mid-East Tensions | Pezeshkian Seeks India’s Help [Video]

Video | PM Modi, Iran's President Hold Talks Amid Mid-East Tensions | Pezeshkian Seeks India’s Help

In a pivotal meeting on the sidelines of the 16th BRICS Summit in Kazan, Russia, Prime Minister Narendra Modi held talks with Iranian President Masoud Pezeshkian, amidst escalating tensions in the..

Credit: Oneindia     Duration: 03:34Published
Hezbollah Furious After Sinwar’s Death, Declares a ‘New, Deadly Phase In War’ With Israel [Video]

Hezbollah Furious After Sinwar’s Death, Declares a ‘New, Deadly Phase In War’ With Israel

Hezbollah has reacted with fury following the reported death of Yahya Sinwar, Hamas' Political Bureau chairman, in an Israeli military operation. Declaring the onset of a "new, deadly phase in the war"..

Credit: Oneindia     Duration: 03:44Published