Economy · India
Gold and Stock Markets React to Global Tensions and Oil Prices
Indian stock markets, including the BSE Sensex and NSE Nifty, extended losses for a fifth consecutive day, influenced by U.S. trade tariffs and West Asia tensions. The Sensex declined by 0.43% to settle at 76,059.77, and at one point tanked 1.20% to 75,474.43. Simultaneously, gold futures saw fluctuations, with some reports indicating a climb of Rs 294 to Rs 1.41 lakh per 10 gm on MCX, while others noted a fall, with silver prices also experiencing a decline. Crude oil prices hitting the $100 per barrel mark contributed to market volatility.
How outlets across the spectrum covered it
Left 1 · Centre 7 · Right 4 n = 12
- Left (1): The Hindu
- Centre (7 votes, 8 outlets): Business Standard, Hindustan (Hindi) · Mint (HT Media — 1 vote), Jansatta, Navbharat Times, Telangana Today, The Free Press Journal, The Lallantop
- Right (4): Aaj Tak, News18 Hindi, Punjab Kesari, The Pioneer
- International (2): Reuters, The Guardian