Stock Market Crash News Live Updates: Nifty Slumps Below 24,100, Sensex Slides Nearly 1,000 Points After Trump Says Ceasefire With Iran Is Over
Nifty Oil and Gas fell 1.4%, leading losses among sectoral indices. On the flipside, Nifty Pharma rose 0.81%, while Nifty IT gained 0.14%.
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Indian equity benchmarks extended declines for the second consecutive trading session on weak global cues over renewed tensions between the US and Iran. The NSE Nifty 50 traded 1.3%, lower at 24,088.60. The BSE Sensex was down 998 points, or 1.3%, at 77,183.
Meanwhile, Oil prices rose as traders assessed the impact of renewed conflict in the Middle East on global supplies. Brent crude for September delivery gained 2.75% to $76.18 a barrel, while West Texas Intermediate for August rose 2.87% to $72.46 a barrel. Investors tracked risks around the Strait of Hormuz, a key route for global crude exports.
Elsewhere, Asian markets opened lower on Wednesday after the US launched fresh strikes on Iran, raising concerns over regional stability and energy supplies. Japan's Nikkei 225 fell 0.90%, South Korea's Kospi slipped 0.07%, and Australia's ASX 200 declined 1.29%.
The US Central Command said its forces launched strikes against Iran after Tehran attacked three commercial vessels moving through the Strait of Hormuz. It said Iran's actions violated the ceasefire and that the operation aimed to impose costs for attacks on civilian shipping.
Separately, the US Treasury's Office of Foreign Assets Control revoked a licence that had allowed some transactions involving Iranian crude oil. It replaced the June 21 waiver with a new authorisation requiring previously permitted activities to be wound down. The revised licence took effect on July 7.
Iran criticised the US decision, with Deputy Foreign Minister Kazem Gharibabadi saying it breached the Islamabad Memorandum of Understanding. He also accused Washington of violating the agreement through military operations and said Tehran would respond to protect its national interests and security.
Stock Market Live: Trump Says Iran Ceasefire Is Over After Fresh US Strikes
- US President Donald Trump said his tentative ceasefire with Iran was over, after Washington launched new strikes against Iran and revoked a waiver for Iranian oil sales.
- The US actions followed attacks on ships moving through the Strait of Hormuz, adding volatility to energy markets and putting the Washington-Tehran agreement under further strain.
- Trump made the remarks in Ankara alongside NATO Secretary General Mark Rutte during the alliance’s annual summit.
Stock Market Live: Nifty, Sensex Fall Over 1%
- The NSE Nifty 50 traded 270.45 points, or 1.11%, lower at 24,128.25.
- The BSE Sensex was down 870.93 points, or 1.11%, at 77,309.79.
Stock Market Live: Mid-day market check
Stock Market Live: The Nifty 50 benchmark traded 0.75% or 183 points lower at 24,216.05, while the BSE Sensex was down 0.73% or 569 points at 77,611.68 at around 1:25 pm. Apart from Nifty Smallcap 500, Nifty Microcap 250, and Nifty Midcap Select, all broad market indices were in the red. Among sectors, Nifty Oil & Gas, Nifty FMCG, and Nifty Chemicals were the top drags. Nifty Metals, Consumer Durables, Realty, and REITS were the only sectoral indices trading in green.
Nifty sectoral map
Stock Market Live: Nifty Oil And Gas, FMCG Lead Sectoral Losses
- Nifty Oil and Gas fell 1.4%, while Nifty FMCG declined 1.31%, leading losses among sectoral indices.
- Nifty Financial Services, Media, Rural, Bank, Consumption, IT and PSU Bank also traded lower.
- Nifty Realty rose 0.79%, while Nifty Metal gained 0.23%.
Stock Market Live: Nifty, Bank Nifty Support Ranges In Focus As Earnings Season Nears
- Nifty support is seen in the 24,000–24,200 range, while Bank Nifty support is seen at 57,300–57,700.
- Options data indicates consolidation, while buying interest returned in realty after expiry.
- Investors will track rupee volatility, higher yields, the AI trade sell-off, Kospi entering bear market, US FOMC minutes tonight and the start of Q1 earnings from tomorrow.
Stock Market Live: Nifty, Bank Nifty Support Ranges In Focus As Earnings Season Nears
- Nifty support is seen in the 24,000–24,200 range, while Bank Nifty support is seen at 57,300–57,700.
- Options data indicates consolidation, while buying interest returned in realty after expiry.
- Investors will track rupee volatility, higher yields, the AI trade sell-off, Kospi entering bear market, US FOMC minutes tonight and the start of Q1 earnings from tomorrow.
Stock Market Live: Choice Institutional Equities Expects Tier-II IT Firms To Outpace Larger Peers
- Kunal Bajaj of Choice Institutional Equities told NDTV Profit that he is optimistic on midcap IT companies and expects stronger growth from tier-II firms than tier-I peers.
- He said the Street will track HCLTech and Infosys guidance, while AI investments by IT companies will remain in focus this quarter.
- Bajaj expects TCS to report muted growth in the first quarter.
Stock Market Live: Nifty, Sensex Trade Lower After Intraday Fall
- The Nifty 50 was trading 135.20 points, or 0.55%, lower at 24,263.50. The index fell as much as 0.69% intraday to 24,229.
- The Sensex was down 436.61 points, or 0.56%, at 77,744.11. It declined as much as 0.73%, or 569 points, to 77,611.91 intraday.
Stock Market Live: PNB Housing Figures Among Liquidation Candidates
PNB Housing appeared in the liquidation list as both futures prices and open interest declined, signalling longs continued to unwind positions.
Stock Market Live: Tech Mahindra Witnesses Fresh Accumulation
Tech Mahindra figured among stocks witnessing simultaneous gains in futures prices and open interest, pointing towards fresh buying interest.
Stock Market Live: ONGC Joins Long Build-Up List
ONGC also appeared in the accumulation category, suggesting traders added bullish futures positions during today's session.
Stock Market Live: Info Edge Tops Accumulation List
Info Edge featured among the leading accumulation candidates with rising futures prices accompanied by an increase in open interest, indicating fresh long positions.
Stock Market Live: Axis Bank Records Steady F&O Participation
Open interest across futures and options has continued to expand in Axis Bank, reflecting sustained institutional participation.
Stock Market Live: Adani Enterprises Attracts Fresh Derivatives Interest
Despite modest changes in futures open interest, options positioning has strengthened considerably, suggesting traders remain active in the counter.
Stock Market Live: Bajaj Finserv Sees Broad-Based OI Build-Up
Futures, calls and puts have all recorded notable increases in open interest since the last expiry, reflecting active participation across derivatives.
Stock Market Live: Apollo Hospitals Remains An F&O Favourite
Apollo Hospitals continues to witness sharp increases in options activity since the previous expiry, indicating sustained trader interest in the healthcare major.
Stock Market Live: Nifty Financial Services Lags Peers
Unlike broader indices, Nifty Financial Services continues to lag after the last expiry, reflecting weaker sentiment in the segment.
Stock Market Live: Nifty Mid Select Continues To Attract Derivatives Interest
Nifty Mid Select remains the strongest among major indices since the last expiry, with gains accompanied by rising futures open interest.
Stock Market Live: Bank Nifty Futures OI Continues To Expand
Bank Nifty futures open interest has risen more than 30% since the previous expiry, indicating fresh positions continue to build in the banking index.
Stock Market Live: Mixed Positioning Emerges In Bank Nifty
Simultaneous additions in both calls and puts near 58,000 indicate traders are preparing for higher volatility instead of taking outright directional bets.
Stock Market Live: Nifty Futures OI Remains Elevated Since Last Expiry
Open interest in Nifty futures has remained significantly higher since the last expiry despite the index correcting sharply, signalling continued participation by derivatives traders.
Stock Market Live: Call Writers Remain Active Across Higher Strikes
Fresh call writing was visible from 58,500 onwards, suggesting traders continue to sell rallies rather than chase upside momentum.
Stock Market Live: Bank Nifty Range Narrows
With significant option activity clustered between 58,000 and 59,000, derivatives positioning indicates expectations of a relatively contained trading range.
Stock Market Live: Put Writers Defend 58,000 In Bank Nifty
Fresh put writing also remained active at 58,000, showing the strike has become an important pivot for Bank Nifty traders.
Stock Market Live: 59,000 Remains Major Bank Nifty Ceiling
Outstanding call open interest at the 59,000 strike continues to dominate the Bank Nifty option chain, making it a key resistance level.
Stock Market Live: Nifty Bank Faces Hurdle At 58,000
The 58,000 strike attracted the biggest call additions in Bank Nifty options, indicating traders expect the index to face selling pressure near that level.
Stock Market Live: Resistance Shifts Lower For Nifty
Heavy call writing between 24,300 and 24,500 suggests option traders have shifted resistance lower compared with previous sessions.
Stock Market Live: Put Writing Fades Above 24,400
Fresh put additions were largely concentrated below 24,300, while activity weakened at higher strikes, suggesting traders remain cautious about aggressive bullish bets.
Stock Market Live: Call OI Builds Above 24,500
Open interest additions remained elevated across 24,500, 24,600 and higher strikes, signalling traders are expecting resistance to persist on any recovery.
Stock Market Live: Option Chain Points To 24,200-24,300 Battle
The highest additions in put open interest at 24,200 and call open interest at 24,300 indicate the market is attempting to establish a near-term trading band between these strikes.
Stock Market Live: Put Writers Continue Backing 24,200
Fresh put writing remained concentrated at 24,200, suggesting traders continue to defend this level despite today's weakness in the benchmark index.
Stock Market Live: Nifty Writers Defend 24,300 Strike
Call writers added the highest fresh positions at the 24,300 strike, reinforcing it as the immediate hurdle for the Nifty. The strike has emerged as the strongest resistance zone during today's trade.
Stock Market Live: MCX Shares Rise After Four-Day Fall
- MCX shares rose as much as 3.5% to Rs 2,735 on Wednesday, snapping a four-day losing streak.
- The stock had fallen in recent sessions as investors assessed lower derivatives trading activity after RBI’s new funding framework took effect on July 1.
- MCX’s premium turnover fell 43% from June levels in the first week of July, raising concerns over transaction-linked revenue. Bloomberg data show 10 of 15 analysts have a buy rating on the stock.
Stock Market Live: Knack Packaging Lists At Premium To IPO Price
- Knack Packaging listed at Rs 188 on the NSE, a premium of 10.6% over its issue price of Rs 170.
- The stock listed at Rs 186 on the BSE, a premium of 9.4% to the issue price.
Stock Market Live: Vedanta Oil And Gas Gains While Iron And Steel Falls
- Vedanta Oil and Gas rose 4.71%, while Vedanta Aluminium gained 1.56% and Vedanta Power advanced 0.12%.
- Vedanta Iron and Steel fell 4.98%, and Vedanta Ltd. declined 0.44%.
Stock Market Live: Sugar Shares Trade Mixed; Mawana Sugars Falls
- Mawana Sugars fell 2.14%, while Shree Renuka Sugars declined 0.86% and Dwarikesh Sugar Industries lost 0.77%.
- Avadh Sugar & Energy, Bajaj Hindusthan Sugar and Balrampur Chini Mills fell between 0.34% and 0.39%.
- Dalmia Bharat Sugar & Industries rose 0.36%.
Stock Market Live: Kitchen Appliance Shares Gain In Trade
Stove Kraft rose 1.14%, TTK Prestige gained 0.75%, and Butterfly Gandhimathi Appliances advanced 0.48%.
Stock Market Live: IT Shares Trade Mixed; Fractal Analytics, Wipro Gain
- Fractal Analytics rose 1.40%, Wipro gained 0.88%, Oracle Financial Services Software advanced 0.63%, and Infosys added 0.60%.
- Hexaware Technologies fell 1.43%, Sonata Software declined 1.20%, and Latent View Analytics lost 1.10%.
Stock Market Live: Airline Shares Fall As Crude Prices Rise
- InterGlobe Aviation fell 1.46%, while SpiceJet declined 0.78%.
- The decline came as crude oil prices rose amid renewed concerns over Middle East supply risks.
Stock Market Live: Oil Marketing Companies Fall As Crude Prices Rise
- Bharat Petroleum Corp. fell 4.22%, Hindustan Petroleum Corp. declined 4.08%, and Indian Oil Corp. lost 3.31%.
- The declines came as crude oil prices rose amid renewed concerns over Middle East supply risks.
Stock Market Live: Nifty Oil And Gas Leads Sectoral Losses; Pharma Gains
- Nifty Oil and Gas fell 1.4%, leading losses among sectoral indices.
- Nifty Media, PSU Bank and Rural declined between 0.69% and 0.79%.
- Nifty Pharma rose 0.81%, while Nifty IT gained 0.14%.
Stock Market Live: Nifty Slumps Near 24,200, Sensex Slides Over 550 Points; RIL, L&T Top Losers
- The NSE Nifty 50 fell as much as 0.69% to 24,229
- The BSE Sensex fell as much as 0.73% or 569 points to 77,611.91
Stock Market Live: Nifty, Sensex Trade Lower In Pre-Open
- The Nifty 50 traded 139.15 points, or 0.57%, lower at 24,259.55 in pre-market trade.
- The Sensex was down 361.56 points, or 0.46%, at 77,819.16.
Stock Market Live: Rupee Opens Lower Against US Dollar
- The rupee opened lower against the US dollar on Wednesday.
- The local currency weakened as much as 21 paise to 95.18 against the greenback.
Stock Market Live: CLSA Maintains High Conviction Outperform On Persistent Systems
- CLSA maintained a high conviction outperform rating on Persistent Systems with a target price of Rs 5,659.
- The brokerage said Nagarro is a strategic fit for Persistent Systems and cited the company’s reasons for supporting the acquisition.
- It expects mid-teen organic revenue growth for the combined entity, EBIT margins of 16–17% over the next six to eight quarters and around 4% EPS accretion to FY28 pro forma earnings.
Stock Market Live: Iran Parliament Speaker Accuses US Of Violating MoU
- Iran Parliament Speaker MB Ghalibaf accused the US of violating the MoU through actions in the Strait of Hormuz, renewed oil sanctions and attacks on southern Iran.
- In a post on X, he also cited continued threats of further strikes and said Iran would not yield to pressure.
Stock Market Live: Kotak Raises Thermax Target Price But Maintains Sell
- Kotak Securities maintained a sell rating on Thermax and raised its target price to Rs 4,250 from Rs 4,000.
- The brokerage said Thermax is pursuing growth through international expansion, product adjacencies, alliances and policy advocacy.
- It said early signs of scale-up are visible in international and new businesses, while underperforming businesses are improving margins.
Stock Market Live: Brokerages Track Swiggy’s Ownership Shift And Instamart Model
- CLSA said foreign holding below 50% alone will not give Swiggy Indian Owned and Controlled Company status. It said the company may try again to secure shareholder approval after the reduction in foreign ownership.
- Investec maintained a hold rating with a target price of Rs 314, saying domestic holding has risen above 50%, though control-related requirements still need to be addressed.
- JM Financial maintained a reduce rating with a target price of Rs 250. It said the IOCC transition could take time and is unlikely before end-March 2027.
Stock Market Live: Brokerages Flag Info Edge Billings Growth
- JPMorgan maintained an overweight rating on Info Edge with a target price of Rs 1,350, citing billings growth likely driven by premiumisation, IT services, GCCs and Naukri Gulf.
- Nomura maintained a buy rating with a target price of Rs 1,320, saying Naukri billings beat estimates and the real estate business also reported strong billing growth.
- Nomura said Shiksha declined as its search function was affected by AI.
Stock Market Live: Goldman Sachs Maintains Buy On L&T With Rs 4,500 Target
- Goldman Sachs maintained a buy rating on L&T with a target price of Rs 4,500.
- The brokerage said L&T has significant exposure to the Middle East, which accounted for 40% of its total order book and 36% of order inflows at the end of FY26.
- It also cited exposure to renewables, clean hydrogen, infrastructure spending and execution-ready projects as factors supporting multi-year visibility.
Stock Market Live: Jefferies Sees Revenue Growth At 13-Quarter High In June Quarter
- Jefferies’ Mahesh Nandurkar expects resilient activity and higher nominal GDP to drive revenue growth to a 13-quarter high in the June quarter.
- The brokerage expects earnings, excluding oil and gas and metals, to grow 12% year-on-year. Lending financials, non-lending financials and telecom are expected to report earnings growth of more than 15%.
- Jefferies expects cement, pharma, IndiGo and chemicals to report a year-on-year decline in earnings.
Stock Market Live: Morgan Stanley Expects Q1 Revenue Growth Across Sectors
- Morgan Stanley’s Ridham Desai expects revenue growth momentum to remain healthy in the June quarter, with all 10 sectors likely to report positive revenue growth.
- Earnings may face pressure from input cost-led margin compression, though India remains in a higher earnings growth phase backed by policy stimulus, the report said.
- The brokerage expects Bharti Airtel and Axis Bank to be the biggest contributors to aggregate BSE Sensex earnings, while IndiGo is expected to be the weakest performer.
Stock Market Live: BSE, MCX Shares Continue To Remain Under Pressure As Premium Turnover Declines
- BSE shares are down 11.2% since June, while MCX has fallen 10.5%, compared with a 3.6% decline in the Nifty 50.
- The underperformance comes after a fall in premium turnover following RBI’s new framework, which took effect from July 1.
- BSE’s expiry-day premium turnover fell 11.4% in July from June, while NSE’s declined 14.3%. First-week premium turnover fell 10% for BSE, 24% for NSE and 43% for MCX from June.
Stock Market Live: Adani Enterprises Board Approves Closure Of Rs 15,000 Crore QIP
- Adani Enterprises’ board approved the closure of its Rs 15,000 crore QIP issue.
- The company will issue 5.2 lakh shares at Rs 2,883 apiece, according to an exchange filing.
Stock Market Live: Swiggy Management Flags Growth Focus In Recent Roadshows
- Swiggy management said new food delivery offerings are aimed at expanding category adoption, while margin expansion is expected from operating leverage.
- In quick commerce, the company remains focused on profitable growth through better monetisation, retention and network utilisation. Contribution margin breakeven is expected in Q1 FY27.
- IIFL recommends a buy rating on Swiggy with a target price of Rs 480.
Stock Market Live: Rainfall Deficit Narrows, Reservoir Levels Improve, Barclays Says
- India’s cumulative rainfall deficit narrowed to 24% as of July 5 from 43.1% as of June 28, aided by stronger rain across most regions, according to Barclays.
- Kharif sowing stood at 8.8 million hectares as of June 26, down 36.6% year-on-year. Pulses, oilseeds and rice sowing were lower from a year earlier.
- Reservoir storage improved to 33% of total capacity as of July 2 from 26% a week earlier, though levels remained below last year’s 43%.
Stock Market Live: BSE Launches India’s First Value-Based Equity Index
- BSE launched the BSE Saatvik 100 Index on June 17, 2026. The index is drawn from BSE 500 companies that align with Saatvik principles.
- The index excludes companies that conflict with non-violence, compassion for living beings and avoidance of addictive products. It will be reconstituted in June and December.
- HDFC Bank has the highest stock weight at 10.2%, followed by ICICI Bank at 8.3% and Reliance Industries at 7.3%. Financial services has the highest sector weight at 39.8%.
Stock Market Live: Ceigall India, IdeaForge, NTPC Green Among Stocks In Focus
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Ceigall India received appointed dates for three hybrid annuity road projects with a combined project cost of Rs 4,050 crore, allowing construction to start.
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IdeaForge opened its QIP issue on July 7 and set the floor price at Rs 835.86 per share, with an option to offer up to a 5% discount.
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NTPC Green Energy declared commercial operation of the first 50.4 MW phase of the Vanki Wind Energy Project in Gujarat from July 8.
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Restaurant Brands Asia said the Lenexis Foodworks-led acquirer group completed acquisition of control in the company with a Rs 2,235 crore investment.
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Embassy Developments reported Q1 pre-sales of Rs 868 crore, up 338% year-on-year, while collections rose 54% to Rs 496 crore.
Stock Market Live: AGM, OFS, IPOs And FOMC Minutes In Focus Today
- Investors will track annual general meetings of Tata Motors Passenger Vehicles and Nippon Life India Asset Management.
- Cochin Shipyard's offer-for-sale opens for retail investors, while CMR Green Tech's lock-in period ends.
- Knack Packaging will list, Kusumgar IPO will open, IdeaForge's QIP will open, and US FOMC minutes will be watched.
Stock Market Live: Indian Markets Set For Lower Open Amid Oil, Global Cues
- Indian markets are set for a lower open as oil prices rose after US attacks on Iran and the US removed an Iran oil waiver.
- US futures and Japan’s Nikkei fell amid a tech-led sell-off, while Asian markets opened mixed. Gold held its decline.
- FIIs remained buyers in the cash market for the third straight day, while FII shorts stayed unchanged at 89%.
Stock Market Live: Thangamayil Jewellery, Vadilal Industries To Exit ASM Framework
Thangamayil Jewellery and Vadilal Industries will be excluded from the ASM framework.
Stock Market Live: Digitide Solutions, Grand Oak Canyons Distillery Enter Short-Term ASM Stage I
Digitide Solutions, Grand Oak Canyons Distillery and IFGL Refractories have been shortlisted under the short-term ASM framework Stage I.
Stock Market Live: Capital Small Finance Bank, IOL Chemicals Among Shares In Bulk Deals
- Capital Small Finance Bank saw Amicus Capital Private Equity I sell 8.34 lakh shares at Rs 300 apiece, while Lyptus Punch-Card Fund bought the same quantity at the same price.
- Polunin Emerging Markets Small Cap Fund bought 44.19 lakh shares in IOL Chemicals at Rs 166.65 apiece.
- Other bulk deals included Motisons, Ramco Systems, Saksoft, Share India Securities, Sumeet Industries and TARC.
Stock Market Live: Tata Motors PV, Nippon Life India AMC To Hold AGMs
Tata Motors Passenger Vehicles and Nippon Life India Asset Management will hold their annual general meetings.
Stock Market Live: CMR Green Tech Anchor Lock-In Ends For 50 Lakh Shares
- CMR Green Tech's one-month anchor lock-in ends for 50 lakh shares.
- The shares account for 2% of the company's outstanding equity.
Stock Market Live: Knack Packaging IPO Lists After 87 Times Subscription
- Knack Packaging Ltd. listed after its IPO was subscribed 87.17 times.
- The company provides packaging solutions and makes printed and laminated woven polypropylene bags, including pinch bottom, gusset, block bottom and retail shopping bags.
- The QIB portion was subscribed 160.22 times, NII 146.64 times and retail 21.09 times.
Stock Market Live: Kusumgar IPO To Open For Subscription Today
- Kusumgar Ltd.'s IPO will open for subscription today. The company makes woven, coated and laminated synthetic fabrics, known as engineered fabrics.
- For the year ended March 2026, the company reported total income of Rs 711.78 crore, profit after tax of Rs 98.2 crore and EBITDA of Rs 187.85 crore.
Stock Market Live: FIIs Hold Net Long Position In Nifty Futures
- FIIs held a net long position of Rs 386.25 crore in Nifty futures on July 7.
- Their net Nifty futures open interest stood at Rs 34,265.29 crore on the same day.
Stock Market Live: FIIs Buy Indian Shares While DIIs Sell On July 7
- Foreign institutional investors bought Indian equities worth Rs 393.19 crore on July 7.
- Domestic institutional investors sold shares worth Rs 383.43 crore on the same day.
- The Nifty 50 was at 24,398.7, down 0.13%.
Stock Market Live: Stocks To Watch Include Maruti Suzuki, Uno Minda, Cochin Shipyard, NTPC Green
- Stocks in focus include Maruti Suzuki, which received a customs order demanding Rs 4.74 crore in differential duty and an equal penalty, and Uno Minda, which approved entry into four-wheeler passenger vehicle seating systems with an investment of about Rs 320 crore through its joint venture.
- Cochin Shipyard will be tracked after the government exercised the oversubscription option in its offer for sale, raising the issue size to a 5.04% stake. NTPC Green Energy will issue Rs 2,500 crore of unsecured non-convertible debentures on July 9.
- Other stocks in focus include Axis Bank, Tata Capital, L&T Finance and Indian Overseas Bank on fund-raising updates, while Shilpa Medicare, Sterlite Technologies, RBL Bank and MTAR Technologies will be tracked after rating actions.
Stock Market Live: Iran Criticises US Over Licence Move And Military Operations
- Iran criticised the US decision, with Deputy Foreign Minister Kazem Gharibabadi saying it breached the Islamabad Memorandum of Understanding.
- He also accused Washington of violating the agreement through military operations and said Tehran would respond to protect its national interests and security.
Stock Market Live: Oil Prices Rise As Strait Of Hormuz Risks Return
- Oil prices rose as traders assessed the impact of renewed Middle East conflict on global supplies.
- Brent crude for September delivery gained 2.75% to $76.18 a barrel. West Texas Intermediate for August rose 2.87% to $72.46 a barrel.
- Investors tracked the Strait of Hormuz after the latest flare-up raised concerns over possible disruptions to energy flows.
Stock Market Live: US Central Command Says It Hit Iran After Strait Of Hormuz Vessel Attacks
- The US Central Command said its forces launched strikes against Iran after Tehran attacked three commercial vessels moving through the Strait of Hormuz.
- It said Iran’s actions violated the ceasefire and that the operation aimed to impose costs for attacks on civilian shipping.
Stock Market Live: US Treasury Revokes Waiver For Iranian Crude Transactions
- The US Treasury’s Office of Foreign Assets Control revoked a licence that had allowed some transactions involving Iranian crude oil.
- It replaced the June 21 waiver with a new authorisation requiring previously permitted activities to be wound down. The revised licence took effect on July 7.
Stock Market Live: Oil Prices Rise As Middle East Tensions Raise Supply Concerns
- Oil prices rose as traders assessed the impact of renewed conflict in the Middle East on global supplies.
- Brent crude for September delivery gained 2.75% to $76.18 a barrel, while West Texas Intermediate for August rose 2.87% to $72.46 a barrel.
- Investors tracked risks around the Strait of Hormuz, a key route for global crude exports.
Stock Market Live: Asian Markets Open Lower As US Strikes On Iran Weigh
- Asian markets opened lower on Wednesday after the US launched fresh strikes on Iran, raising concerns over regional stability and energy supplies.
- Japan's Nikkei 225 fell 0.90%, South Korea's Kospi slipped 0.07%, and Australia's ASX 200 declined 1.29%.
Stock Market Live: GIFT Nifty Signals Lower Start For Indian Markets
- The GIFT Nifty traded at 24,270.50, compared with Tuesday’s Nifty 50 close of 24,398.70.
- The indicator pointed to a lower start for Indian equity benchmarks.
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