π Sensex tanks amid Iran's UN warning; NSE IPO debuts
The BSE Sensex dropped over 1,100 points on Thursday, closing at 73,663.44, amidst escalating geopolitical tension. This sharp decline followed Iranian President Masoud Pezeshkian's UN speech warning of expansion to the Indian Ocean. Concurrently, the National Stock Exchange (NSE) IPO debuted on Thursday with a modest gain, trading at βΉ1861.00. The market volatility was compounded by oil prices staying above $100 a barrel. Investors will now watch how this global instability impacts broader Indian market sentiment. π