Stock indices dip 2% as Iran-U.S. restart clashes

All the 30-Sensex firms were trading in the red. File (Image for representational purpose only). | Photo Credit: ANI Benchmark Nifty and Sensex dipped over 2% to 23,882.05 and 76,503.60 points as investors sold after renewed Iran-U.S. clashes sent global oil prices soaring on July 8. The stock indices opened weak, about 0.6% down from the…

Read More

Rupee rises 48 paise to close at 94.95 against U.S. dollar

Representative image. | Photo Credit: Reuters The rupee appreciated 48 paise to close at 94.95 (provisional) against the U.S. dollar on Tuesday (July 7, 2026), on improved global risk sentiments as higher traffic flows through the Strait of Hormuz reduced supply uncertainties. Forex traders said market sentiment was also buoyed after Saudi Arabia slashed August…

Read More