Nifty Set for Gap Down Opening | Oil prices surge 6% after fresh strikes in Iran | Brent at $96


Global markets remain under pressure as fresh U.S. strikes on Iran intensify geopolitical tensions, sending Brent crude prices towards $96 a barrel and stoking fresh inflation fears. The global bond sell-off deepened, with the U.S. 10-year yield hitting its highest level since January 2025 at 4.8%, while the 30-year yield climbed back to 5.28%. Japan’s 10-year yield also touched its highest level since 1996, while bond yields in Germany and France hit multi-year highs.
On Wall Street, the Dow, S&P 500 and Nasdaq fell 0.7-1% as rising oil prices and higher yields weighed on risk appetite. Asian markets are trading weak, with Gift Nifty signalling a cautious opening.
In India, the Nifty recovered to close above 24,000 after the CAS adjustment, ending at 24,056 versus 23,981 at 3:15 pm. Nifty Bank closed at 57,410 after trading at 57,264 at 3:15 pm. Financial stocks remained fragile, while midcaps saw significant profit-taking.
Meanwhile, FIIs were net buyers of equities worth ₹1,143.38 crore, while DIIs bought equities worth ₹1,846.94 crore.


Global markets remain under pressure as fresh U.S. strikes on Iran intensify geopolitical tensions, sending Brent crude prices towards $96 a barrel and stoking fresh inflation fears. The global bond sell-off deepened, with the U.S. 10-year yield hitting its highest level since January 2025 at 4.8%, while the 30-year yield climbed back to 5.28%. Japan’s 10-year yield also touched its highest level since 1996, while bond yields in Germany and France hit multi-year highs.
On Wall Street, the Dow, S&P 500 and Nasdaq fell 0.7-1% as rising oil prices and higher yields weighed on risk appetite. Asian markets are trading weak, with Gift Nifty signalling a cautious opening.
In India, the Nifty recovered to close above 24,000 after the CAS adjustment, ending at 24,056 versus 23,981 at 3:15 pm. Nifty Bank closed at 57,410 after trading at 57,264 at 3:15 pm. Financial stocks remained fragile, while midcaps saw significant profit-taking.
Meanwhile, FIIs were net buyers of equities worth ₹1,143.38 crore, while DIIs bought equities worth ₹1,846.94 crore.