Domestic equities are trading lower on Wednesday, tracking weak global cues, and lingering geopolitical tensions. Benchmark indices are in the negative territory, with selling pressure visible across sectors. Nifty fell as much as 1.41% to 23,151, whereas Sensex fell 1.55% to 73,492.6 intraday. At 1:38 pm, Nifty is down 0.59% at 23,344.4, and Sensex is down 0.67% at 74,150.22.. The pressure comes on the back of gaining crude prices, and volatile IT stocks. All sectors were trading in the red, with losses led by IT, which remained 3.61% down during early trade, followed by Realty, Media, and PSU Bank. The broader market is also facing pressure with the Nifty Smallcap 250 falling almost 0.54%, and the Nifty Midcap 150 dropping about 0.74%. Here's three reasons why markets are crashing on Wednesday: US-Iran War Uncertainty On June 3, US Central Command said U.S. forces defeated multiple Iranian ballistic missiles and drones amid attempted attacks acr...
OnePlus Open made its debut today as the first foldable phone from the Chinese smartphone maker. The handset features the same specifications as the Oppo Find N3 that was launched in global markets earlier today. The company confirmed that the handset will be equipped with Sony's newest LYTIA-T808 camera sensor. The handset is also confirmed to feature a waterdrop-style hinge. Other details of the handset that were previously leaked, matched the specifications of the Oppo Find N3.
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