Due to the war between America-Israel and Iran, mixed trading is being seen in Asian stock markets today. Japan’s Nikkei index is trading at 56,700 level, down 1,329 points (2.29%). South Korea’s KOSPI is trading at 6000 level, down 250 points (4.03%). Meanwhile, China’s Shanghai Composite Index at 4,180 and Hong Kong’s Hang Seng Index at 26,070 are trading flat. Indian stock markets are closed today for Holi. Dow Jones settled lower in overnight deals Largest loss in a single day in the history of the Pakistan Stock Exchange: The Pakistan Stock Exchange on Monday posted its largest-ever single-day decline when the KSE-100 benchmark crashed by 16,089.17 points. The KSE-100 index had come down to 151, 972, 2.99 points down, marking a 9.57 decline from its previous close, the largest loss in a single day in the history of the Pakistan Stock Exchange. Sensex nosedived 1,048 points on Monday Earlier, due to the war between America-Israel and Iran, the Indian stock market saw a decline yesterday i.e. March 2. Sensex closed at 80,239 with a decline of 1048 points (1.29%). Nifty also fell by about 313 points (1.24%), it came to the level of 24,866. Foreign investors sold shares worth Rs 3,295 crore on March 2 Major decline in Pakistan stock market, KSE-30 index falls 9.8% Pakistan’s stock market saw a major decline on March 2. The KSE-30 index closed at 46,326, down 4,996 points (9.73%). Earlier, trading had to be halted for 45 minutes due to heavy selling, meaning a lower circuit was triggered. Crude oil rises 10% to reach $79 Energy and auto shares in India fell on Monday due to the surge in crude oil prices. Brent crude price had increased by 10% to reach $79 per barrel on Monday. Experts believe that if this tension increases further, oil prices could go up to $120 per barrel. This could affect petrol-diesel prices in India. In Delhi, petrol price may increase from Rs 95 per liter to Rs 100. Similarly, diesel could rise from Rs 88 per litre to Rs 92. Post navigation Israel-Iran war to have limited impact on Indian economy:Iranian imports to India down 25x in 7 years ‘India should plan for risks emerging from Middle East conflict’:Tata Group, chairperson, Chandrasekaran expects no supply shortage problem in near term
