GIFT Nifty Down 217 Points; Gap Down Opening Amid War
Severe Gap Down Expected GIFT Nifty March futures crashed 216.5 points to 25,118, signaling brutal opening for Indian equities after US-Israel strikes kill Iran's Supreme Leader Khamenei
FII Exodus Continues Foreign investors dumped ₹7,536 crore on Friday; ₹11,002 crore sold in February alone. DIIs bought ₹12,293 crore but couldn't prevent Friday's 961-point Sensex crash
Oil, Gold Surge Brent crude spiked 14% to $82.37/barrel—highest since Jan 2025. Gold rallies as Strait of Hormuz shipping disrupted. 20% global oil flows at risk
Nifty May Test 24,500 Emkay warns benchmark could plunge to 24,500-25,000 if war persists beyond 1-2 weeks. Nifty closed Friday at 25,179—down 318 points (1.25%)
Asia Markets Bleed Japan's Nikkei, Korea's Kospi tumble 2%+. US futures down 1%. Producer Price Index showed sticky inflation (0.8% core vs 0.3% expected)—Fed rate cut hopes fade