The move comes days after the Vashi police arrested three persons and seized 12.910 kg of hydroponic ganja valued at ₹12.91 crore near Vashi railway station in the early hours of Thursday
India VIX has spiked, indicating that investors are unwilling to take fresh bets on Sensex, Nifty 50 amid acute uncertainty stemming from the Iran war.
Every $1 increase in crude oil prices raises India’s annual import bill by $2 billion. That then has a domino effect on the wider economy and the stock market.
Stock market crash: The Sensex fell 1,561.71 points, or 1.92 per cent, to 79,725.48, while the Nifty dropped 484.30 points, or 1.92 per cent, to 24,694.35.
Amritsar Airport Director said several flights were disrupted at the airport following escalating tensions and reported conflict in parts of the Gulf region.
International travel from Karnataka faced disruptions with 37 flights canceled due to airspace restrictions linked to the Iran-Israel conflict, stranding 150 students in Dubai.