Stock Market Highlights, April 19: Sensex zooms 599 pts, Nifty nears 22,150; Financials surge

Stock market highlights on Friday, April 19, 2024: Equity markets shrugged off concerns around the Middle East tensions after Iran said it won't consider "immediate" retaliation against Israel

SI Reporter New Delhi

8:18 AM

ALERT :: Brent crude now up 4%

8:16 AM

ALERT :: Iran may attack Israel's nuclear facilities

8:13 AM

ALERT :: Sell-off deepens in Asia

8:12 AM

ALERT :: Bitcoin declines over 2%

8:09 AM

ALERT :: Israeli missiles hit site in Iran, ABC News reports

>> Israeli missiles have hit a site in Iran, ABC News reported, citing a US official, days after Iran launched a drone strike on Israel in response to an attack at the Iranian embassy in Syria.

>> Iran's Fars news agency said an explosion were heard at an airport in the Iranian city of Isafahan but the cause was not immediately known.

>> Several Iranian nuclear sites are located in Isfahan province, including Natanz, centerpiece of Iran’s uranium enrichment program.

Source: Reuters

8:07 AM

ALERT :: Japan headline inflation eases to 2.7% in March, core inflation holds steady at 2.6%

>> Japan’s headline inflation rate came in at 2.7% in March, easing from the 2.8% recorded in February.

>> Core inflation in the country stood at 2.6%, in line with expectations from economists polled by Reuters and down from February’s 2.8%.

8:06 AM

Safe haven assets rise after unconfirmed reports of explosions in Iran; gold hits fresh record

Safe haven assets rose following reports of unconfirmed explosions in Iran, with the country’s Fars news agency reportedly saying that explosions were heard near the airport at the country’s central Isfahan city, but the reason was unknown.

Spot gold prices surged to a fresh all-time high of 2,411.09 per ounce, while the yen strengthened 0.45% to 153.93 against the U.S. dollar.

8:03 AM

ALERT :: Gold futures rally amid rush for safe haven

8:00 AM

ALERT :: Oil prices soar 3%

7:58 AM

ALERT :: Flights to Tehran, Isfahan and Shiraz have been suspended according to Iranian state media

7:58 AM

ALERT :: Airspace has been shut in western Iran

7:57 AM

ALERT :: Reports say explosions could be near Iran's nuclear facilities

7:56 AM

ALERT :: 3 explosions likely hit Iran

>> Iran’s Fars news agency reportedly said that explosions were heard near the airport at the country’s central Isfahan city, but the reason was unknown

7:54 AM