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Indian Markets Trade Flat After US Strikes On Iran; Sensex Down 150 Points, Nifty 23,986

Indian equities traded flat Tuesday after fresh US strikes in southern Iran, with Sensex down 150 points (0.20%) to 76,339.29 and Nifty down 45 points (0.19%) to 23,986.40. IT, chemicals and media rose, while consumer durables, healthcare, cement and realty fell. IndiGo and SBI Life were among laggards. India VIX slipped 1.43%. Brent rose 1.17% to $98.39 and WTI gained over 3% to $93.90, according to market data.

Markets open flat after Monday surge; crude jumps on fresh US strikes in Iran

Markets opened flat on Tuesday after Monday’s rally, with India’s Sensex down 59 points to 76,429.91 and Nifty 50 down 0.05% to 24,019.15. Trading risk is elevated due to monthly Nifty F&O expiry. Fresh US strikes in southern Iran lifted crude: August Brent +1.70% to $95.01 and July WTI +1.35% to $91.53.

Indian equity markets trade flat after fresh US strikes in Iran

Indian markets traded flat on Tuesday after fresh US strikes in southern Iran, targeting boats laying mines and missile sites, according to IANS. Sensex was down 0.20% at 76,339.29 and Nifty down 0.19% at 23,986.40. IT, chemicals and media rose; consumer durables and healthcare fell. Small- and mid-caps outperformed; India VIX eased 1.43%. Brent and WTI rose.