Asian stock markets are trading mixed today, March 3rd, amid the US-Israel-Iran war. Indian stock markets are closed today for Holi. Crude oil prices have risen 13% in two days. Brent crude prices have risen by more than 3% today, crossing $80 per barrel. Yesterday, it rose by 10%. This means it has risen by more than 13% in two days. Experts believe that if this tension escalates further, oil prices could reach $120 per barrel. This could impact petrol and diesel prices in India. In Delhi, petrol could rise from ₹95 per liter to ₹100, while diesel could rise from ₹88 to ₹92. Similar price increases are expected in other cities as well. Mixed business in the US market on March 2 Sensex closed down by 1048 points Yesterday, due to the US-Israel and Iran war, there was a decline in the Indian stock market yesterday i.e. on March 2. Sensex closed down by 1048 points (1.29%) at 80,239. Nifty also fell by about 313 points (1.24%), it reached the level of 24,866. Foreign investors sold shares worth Rs 3,295 crore on March 2 Pakistan stock market fell by 9.8% Pakistan stock market saw a big decline on March 2. KSE-30 index closed down by 4,996 points (9.73%) at 46,326. Earlier, due to heavy selling, trading in the market had to be stopped for 45 minutes, i.e. lower circuit was imposed. ———————————————————————- Read this business related news also India will again increase the purchase of crude oil from Russia, eye on 95 lakh barrels of oil After the war between Iran and Israel in the Middle East and the oil supply chain being affected, India has once again turned towards Russia. According to Bloomberg report, India is planning to increase the purchase of crude oil from Russia to meet its needs. Read the full news
