 "As Israel attacks Iran, Sensex opens 1,000 points down, oil prices surge")
As Isreal attacked Iran, Sensex opened 1,000 points lower on Friday.
Israel carried out widespread attacks inside Iran in the early hours on Friday and targeted the country’s nuclear sites and the military-industrial complex. The airstrikes also targeted of top military officials in what appear to be targeted assassinations.
With prospects of conflict widening in West Asia, Sensex opened 1,094.26 points down at 80,597.72 and the Nifty opened 332.40 points down at 24,555.80.
Crude prices also rose by up to 12 per cent following Israeli airstrikes in Iran.
Follow our complete coverage of Israeli attacks on Iran hereGlobal prices surged by as much as 12 per cent, with Brent crude’s futures surging 12.86 per cent to $78.31 and West Texas Intermediate crude’s futures surging 10.95 per cent to $75.49.
In the Indian markets, 412 shares advanced, 1963 shares declined, and 104 shares remained unchanged, according to Moneycontrol.
L&T, Shriram Finance, SBI Life Insurance, Tata Motors, and Bajaj Finserv were among major losers on the Nifty and ONGC was the only gainer.
US markets were also down after Israeli strikes, with futures attached to the Dow Jones falling by 1.5 per cent, S&P 500 futures falling by 1.6 per cent, and Nasdaq 100 futures falling 1.7 per cent.
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