Sensex, Nifty Fluctuate As Investors Watch Israel-Iran News
From Nasdaq: 2025-06-16 00:28:00
Indian shares fluctuated as the Israel-Iran conflict escalated, with the Sensex up 35 points at 81,154 and the Nifty down 10 points at 24,708. Tata Motors expects 5-7% EBIT margins for Jaguar Land unit by 2026, causing a 5% plunge in its stock. Yes Bank’s ratings were upgraded by Moody’s to Ba2, but its stock fell 1%. Natco Pharma received an observation from the U.S. FDA, causing a 1.7% decline. Arkade Developers gained 1% after announcing a new project in Maharashtra’s Thane metro area worth Rs 2,000 crores.
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