Stock Market Today LIVE: The Indian stock market is expected to open lower on Wednesday, following losses in the global markets amid the escalating US-Israeli air strikes against Iran. The trends on Gift Nifty signal a gap-down start for the frontline indices, Nifty 50 and Sensex today.
Gift Nifty was trading around 24,446 level, a discount of nearly 536 points from the Nifty futures’ previous close, indicating a massive gap-down start for the Indian stock market indices.
On the global front, Asian markets traded lower, while the US stock market ended with steep losses overnight, with the S&P 500 closing below its 100-day moving average for the first time since November 20.
The US-Israeli war on Iran escalated across the region, which President Donald Trump says has no fixed timeline. Iran launched a fresh wave of missiles around the Gulf. Israel said it struck the leadership compound in Tehran and sent soldiers into southern Lebanon.
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