Taking Stock | Market ends lower as US-Iran tensions weigh on sentiment
Episode 2082, Jan 03, 2020, 11:10 AM
The Indian market felt the heat of rising tensions between the US and Iran which pushed prices of safe-haven assets higher and dragged riskier equities lower on January 3.
Major markets across the globe declined, global crude oil prices rose about 4 percent and gold and other safe-haven assets jumped as the US killing of a top Iranian commander in an airstrike in Iraq stoked tensions in West Asia.
Major markets across the globe declined, global crude oil prices rose about 4 percent and gold and other safe-haven assets jumped as the US killing of a top Iranian commander in an airstrike in Iraq stoked tensions in West Asia.