Stock Market Live Updates 19 April 2024: Asian markets slide amid Iran airport attack and oil price surge
Sensex, Nifty, Share Prices LIVE: Indian shares are set to open lower on Friday, tracking Asian markets amid reports of increased geopolitical tensions in the Middle East. India’s GIFT Nifty traded at 21,669, indicating an opening below Thursday’s close. MSCI’s Asia-Pacific index fell over 2%, and U.S. stock futures were down 1.3% following reports of Israeli missile strikes in Iran. Indian markets saw their longest daily losing streak in six months on Thursday, with the Nifty 50 and S&P BSE Sensex losing about 3.3% over four sessions. Foreign portfolio investors sold Indian stocks worth Rs 4,260 crore on Thursday, while domestic institutional investors continued as net buyers for seven sessions. Volatility in domestic equities rose to a one-month high and is expected to remain elevated due to national elections starting Friday, with results on June 4. Read More | Source: The Hindu Business Line