Sensex sheds 750 points, Nifty drops 170

The domestic benchmark indices are trading in the red today following geopolitical tensions. Sensex has declined about 750 points to 81,678 while Nifty dropped almost 170 points to 24,751.

The stoppage of military actions between India and Pakistan and the ‘de-escalation of the US-China trade war’ resulted in major gains for markets in the last trading session. Meanwhile, most Asian stock markets were trading in green. The US markets closed in the green as investors cheered a sharp de-escalation in the U.S.-China trade war.