Asian markets traded mixed on Thursday, with Hong Kong leading gains and Japan, South Korea and Australia seeing losses. Global economic worries, rising US interest rates and Middle East tensions weighed on sentiment.
The Indian stock market experienced a sharp decline today, mirroring losses in other Asian markets. The Sensex tumbled over 1,700 points and the Nifty50 fell below 25,300, driven by investor concerns over the escalating conflict in the Middle East. This heightened risk aversion prompted investors to reduce their exposure to the market.
