HighNegative
Announced Fri, 24 Jul · 07:51 IST
Stock market today: Gift Nifty hints a weak start; seven day trading stocks to buy on Friday, 24 July
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indian markets are set for a weak opening on Friday as escalating Middle East tensions, with US strikes on Iran for the 13th consecutive night, surging crude oil prices, and a sharp global risk-off selloff dampened sentiment. Brent crude traded above $99 a barrel while WTI was around $91, with both benchmarks poised for strong weekly gains of 10-13 percent. The US announced fresh tariffs of 10 and 12.5 percent on imports from 60 countries under Section 301, placing India in the lower 10 percent category; Gift Nifty was trading around 23,693, about 181 points below the previous futures close of 23,873.60.