Sensex, Nifty suffer losses amid geopolitical tensions
Indian stock markets slipped for the third day straight on Thursday.
The Sensex closed down 82.79 points at 81,361.87, and the Nifty dropped 18.80 points to 24,793.25.
Volatility was high as investors reacted to worries about Middle East tensions and rising oil prices.
All sectors except auto closed in red
If you're into stocks or just curious about money trends, here's the scoop:
Most sectors took a hit—services, IT, real estate, and metals all fell over 1%. Even midcap and smallcap stocks slid.
The mood was cautious thanks to fears of a bigger Iran-Israel conflict and stubborn inflation signals from the US Fed.
Still, auto stocks bucked the trend with a small gain.
Foreign investors are still buying modestly
It's a mix of global uncertainty—think geopolitical drama in the Middle East—and economic jitters like unchanged US interest rates and pricier oil (Brent crude is near $76.90/barrel).
Despite all this stress, some foreign investors are still buying in modestly, showing that not everyone is running for cover just yet.