Brent crude prices surged over 3% to above $76 a barrel after renewed US-Iran tensions threatened global oil supplies. Markets are closely watching developments in the Strait of Hormuz and the impact of sanctions on Iranian oil exports.
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Brent crude prices surged over 3% to above $76 a barrel after renewed US-Iran tensions threatened global oil supplies. Markets are closely watching developments in the Strait of Hormuz and the impact of sanctions on Iranian oil exports.
The KOSPI is nearing bear market territory after dropping more than 20% from its record high. Despite Samsung Electronics reporting record quarterly profit, concerns over AI valuations, profit booking and weakness in chip stocks triggered a broad sell-off in South Korea's equity market.
The Kospi index fell more than 8% on Tuesday, prompting the Korea Exchange to activate a market-wide circuit breaker after an earlier sell-side sidecar. The trading halts were introduced to curb extreme volatility and stabilise South Korea's stock market amid heavy selling pressure.
Global markets were mixed as lower oil prices following OPEC+'s production increase supported sentiment, while geopolitical developments surrounding Iran and the upcoming NATO summit kept investors cautious. In India, HDFC Bank's robust Q1 FY27 business update boosted banking stocks, while China's AI investment wave and easing crude prices remained key themes influencing global markets.
Asian equities delivered a mixed performance on July 2, 2026. South Korea's KOSPI plunged nearly 8%, while Japan's Nikkei and China's Shanghai Composite declined amid a global AI chip selloff triggered by Meta's cloud strategy. Hong Kong bucked the trend with gains, and India's Nifty rose on a strong IT rally, lower crude oil prices, and improving investor sentiment.
Global equity markets started the third quarter of 2026 on a mixed note, with gains in China and Japan driven by strong PMI data and AI-led tech buying, while South Korea and Hong Kong declined amid geopolitical uncertainty and risk-off sentiment. Indian markets advanced as easing crude oil prices, optimism around US-Iran talks, and strong domestic sector performance supported the Nifty 50. Key global drivers included China’s manufacturing recovery, Japan’s yen-driven export boost, and continued volatility in tech and geopolitical developments shaping investor sentiment across regions.
Indian benchmark indices rebounded on July 9, 2026, after the previous session's sharp sell-off. Nifty climbed 80.75 points while Sensex added 238.22 points, supported by strong gains in Realty, PSU Banks, and Consumer Durables. Stable crude oil prices, buying in heavyweight stocks, and Morgan Stanley's positive outlook on Indian equities boosted market sentiment.
Indian benchmark indices witnessed a broad-based sell-off on July 8, 2026, with the Nifty 50 and Sensex declining more than 2% as renewed US-Iran tensions, soaring crude oil prices, a weaker rupee, and rising market volatility dented investor sentiment. Banking and financial stocks led the decline, while most sectoral indices ended deep in the red amid growing geopolitical uncertainty.
Indian equities declined over 2% as escalating US-Iran tensions raised concerns over oil prices, inflation and global economic stability. Here's why geopolitical risks impacted Sensex and Nifty.
The Indian stock market extended its rally on July 6, 2026, with the Nifty and Sensex closing higher, driven by HDFC Bank's strong Q1 FY27 business update, falling Brent crude prices, sustained FII inflows, and positive global sentiment. Realty, Auto, and Oil & Gas outperformed, while IT, PSU Banks, and Media witnessed profit booking ahead of the earnings season.
Indian benchmark indices rebounded on July 9, 2026, after the previous session's sharp sell-off. Nifty climbed 80.75 points while Sensex added 238.22 points, supported by strong gains in Realty, PSU Banks, and Consumer Durables. Stable crude oil prices, buying in heavyweight stocks, and Morgan Stanley's positive outlook on Indian equities boosted market sentiment.
Indian benchmark indices witnessed a broad-based sell-off on July 8, 2026, with the Nifty 50 and Sensex declining more than 2% as renewed US-Iran tensions, soaring crude oil prices, a weaker rupee, and rising market volatility dented investor sentiment. Banking and financial stocks led the decline, while most sectoral indices ended deep in the red amid growing geopolitical uncertainty.
Indian equities declined over 2% as escalating US-Iran tensions raised concerns over oil prices, inflation and global economic stability. Here's why geopolitical risks impacted Sensex and Nifty.
The Indian stock market extended its rally on July 6, 2026, with the Nifty and Sensex closing higher, driven by HDFC Bank's strong Q1 FY27 business update, falling Brent crude prices, sustained FII inflows, and positive global sentiment. Realty, Auto, and Oil & Gas outperformed, while IT, PSU Banks, and Media witnessed profit booking ahead of the earnings season.
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