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Benchmark equity indices Sensex and Nifty ended sharply lower on Friday as escalating conflict in West Asia and rising crude oil prices weighed heavily on investor sentiment. Weak global cues, persistent foreign fund outflows and rupee weakness further added to the pressure on domestic markets.Declining for the third straight session, the 30-share BSE Sensex plunged…
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Shashi Tharoor (File photo) NEW DELHI: Congress MP Shashi Tharoor on Friday lauded Prime Minister Narendra Modi and external affairs minister S Jaishankar for holding conversation with Iran. He also called for a ‘collective push’ to end the Middle East conflict. Speaking to reporters outside Parliament, Tharoor welcomed India’s initiative and expressed hope for the…
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Asian equity markets are facing heightened volatility after geopolitical tensions in the Middle East triggered sharp swings in oil prices and global risk sentiment, exposing uneven vulnerabilities across the region, according to a report by Moody’s Analytics.The report said the conflict sent “shock waves through global financial markets”, with Brent crude briefly surging to around…
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