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Japanese stocks retreat as tech selloff weigh on sentiment

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Technology and AI-related stocks led the losses amid renewed concerns over heavy spending on artificial intelligence. Investor sentiment was also dampened by rising tensions in the Middle East, which pushed oil prices higher and increased…

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Japanese stocks retreat as tech selloff weigh on sentiment

Technology and AI-related stocks led the losses amid renewed concerns over heavy spending on artificial intelligence. Investor sentiment was also dampened by rising tensions in the Middle East, which pushed oil prices higher and increased worries about inflation.

Business Standard

Gift Nifty Signals Weak Start as Oil Surge, Global Selloff Weigh on Sentiment

The Gift Nifty index has signaled a weak start to the day as oil prices surge above $100 and global equities sell off. The benchmark Sensex and Nifty have extended their losing streak, closing lower for a fourth consecutive session. According to Moneycontrol.com, the Sensex fell 0.5 percent, while the Nifty declined 0.5 percent. The weak start to the day is attributed to the surge in oil prices, which has been fueled by Middle East tensions and Houthi attacks. The global selloff has also weighed on sentiment, with investors becoming increasingly risk-averse.

Moneycontrol.comTradingViewFortune India

Gift Nifty Signals Weak Start Amid Oil Surge and Global Selloff

The Gift Nifty index has signaled a weak start to the day, weighed down by an oil surge and a global selloff. The index is expected to open lower, with investors concerned about rising inflation and geopolitical tensions. According to reports, the oil price surge has been driven by a sharp increase in crude oil prices, which has led to a decline in investor sentiment. The global selloff has also been attributed to rising geopolitical tensions in the Middle East, which has led to a decline in investor confidence. The Sensex and Nifty 50 indices are also expected to open lower, with investors concerned about the impact of the oil price surge on the economy.

Moneycontrol.com

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