NIFTY News & Analysis

Japan (NIKKEI) Stocks Rise 1.2% Amid Iran Conflict Developments

Japan's Nikkei 225 index increased by 1.2% and the Topix rose by 0.6% as investors reacted to geo-political tensions regarding Iran. The rise comes amid a backdrop where President Trump issued threats against Iran over its failure to reopen the Strait of Hormuz, a vital oil passage. Meanwhile, the Kospi in South Korea gained 0.8%, while India's Nifty 50 fell by 0.5%. Asian markets faced mixed performances overall due to various public holidays across the region, contributing to market volatility.