Market pressure persisted for the third consecutive session as key indices, including Sensex, Nifty, and Nifty Bank, witnessed notable declines. The midcap index closed in the red despite performing relatively better. Geopolitical tensions between Iran and Israel contributed to the market downturn. US stock futures dipped after major benchmarks suffered losses, while European and Asia-Pacific markets also experienced significant drops.
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Japanese Prime Minister Kishida's historic state visit to the US emphasizes strengthening bilateral ties amidst regional challenges. Discussions include enhancing military coordination, economic cooperation, and addressing issues like North Korea and Chinese assertiveness. The visit underscores the alliance's significance in promoting peace and stability in the Asia-Pacific region.
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