From Nasdaq: 2025-05-08 22:36:00

Indian shares are expected to continue declining due to tensions with Pakistan, rising oil prices, and a weakening rupee. India successfully intercepted eight missiles launched by Pakistan targeting key border areas. An IMF board meeting today will discuss Pakistan’s re-listing in FATF’s grey list. The Sensex and Nifty fell around half a percent amid escalating tensions. The rupee closed at 85.71 against the dollar. Asian stocks are mostly higher, with Japanese markets leading gains. U.S. stocks ended positively on news of a U.S.-U.K. trade agreement. European stocks ended mixed following rate decisions and trade deal news.



Read more at Nasdaq: Sensex, Nifty Set To Extend Losses As India-Pakistan Tensions Escalate