Bear Attack: Israel-Hamas Conflict Spills onto Street
The Economic Times [
Ahmedabad
]
Mumbai
,
Pune
Oct 10, 2023 | Page No.: 1 | Position: Top Center | Source: Bureau | Sq Cm: 243 | AVE: 99792 | PR Value: 498960
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Bear Attack Israel-Hamas Conflict Spills onto Street 10-yr Govt Crude gold prices 35E MISER ALL IN A MONTH Bond Yield Cos Keep Tabs 68 000 7 114r on Israel for jump broader 6 7 500_ GOLD Biz Continuity markets witness 67 000_ 51 864 ri Indian conglom- 66 5 per oz erates especial- sharper selloff - ly those with fear gauge climbs 65 500 46 59 81 BRENT CRUDE exposure in Israel are 65 000_1_ S87 43 watching the unfolding Our Bureau 8 Sep 203 9 Oct a barrel situation to prepare for M umbel Indian equities wea- Sower BSE - 3 4 rir business continuity ? 4 kened on Monday as heighte- ned uncertainty over the Isra- ga 27 vs S el-Hamas conflict led to a flight Conflict Won t of money across global mar- kets to safe-haven assets such The unfortunate events in In the US the S P 500 was tra- Hit Oil Supply as gold and the US dollar Israel along with worries that ding 0 2 lower The Dow Jo- to India Puri The surge in oil prices in the US interest rates might remain ims Industrial Average was wake of the geopolitical ten- higher fora longer period of ti- down 26 points or 0 1 and the The Israel- sions also soured sentiment me has caused the market to Nasdaq Composite was 0 7 Palestine among investors already an- fall today said Kumar Ma- lower at the time of going to xious about the persistent in- nish head of research at bro- press conflict will not flation and rising bond yields kerage BOB Capital Markets Back home the NSE s Volati- u crude supplies to in the US Foreign Portfolio Investors lity Index or VDC a fear gau- India oil minister Har- The Sensex dropped 48324 po- FP1s net sold shares worth Rs ge jumped over 12 to 11 40 deep Puri said Sanjeev ints or 0 73 to close at 997 76 crore while domestic in- suggesting traders see risks of 65 512 39 while Nifty declined stitutions were buyers to the further near-term downside in Choudhary reports 141 15 points or 0 72 to close tune of Rs 2 661 27 crore accor- the market at 19 512 35 On the 50-share Nif- ding to provisional data Analysts said the Nifty s close ty the decline was concentra- Elsewhere in Asia China de- below 19 602 a key technical RELATED ted amongst a handful of clined 0 44 Hong Kong rose support on Monday has ope- REPORTS stocks as 43 stocks ended hig- 0 18 South Korea gained ned the likelihood of further her while seven ended weak 0 219 and Taiwan rose 0 41 downside