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Indian shares fall after Trump dashes hopes of Iran war de-escalation

A man walks past a screen displaying the news and stock market updates at the Bombay Stock Exchange (BSE) in Mumbai, India, March 2, 2026. REUTERS/Francis Mascarenha

Indian shares fell on Thursday, tracking weakness in Asian peers, after President Donald Trump said the U.S. ​would hit Iran “extremely hard” in the coming weeks, dimming hopes ‌of a near-term end to the war that has unsettled global markets. The Nifty 50 (.NSEI) was down 1.95% at 22,236.80 and the BSE Sensex shed 1.95% to 71,710.72 as of 9:50 ​a.m. IST. Other Asian markets (.MIAPJ0000PUS), dropped 2% after Trump said Washington’s “core strategic objectives” ​in the Iran war were nearing completion. However, he did ⁠not provide a clear outlook on when the conflict would end. Trump’s comments ​that the

In prime-time address, Trump tells wary public Iran goals nearly achieved

President Donald Trump speaks about the Iran war from the Cross Hall of the White House on Wednesday, April 1, 2026, in Washington.

Washington, April 1 (Reuters): U.S. President Donald Trump told the nation in a ‌televised speech on Wednesday night that the U.S. military had nearly accomplished its goals in Iran, but he declined to offer a concrete timeline for winding down the conflict. Facing a war-wary American public, sliding approval ratings and pressure from some allies to outline his war aims in ​more precise and consistent terms, Trump said the U.S. had destroyed Iran’s navy and air force, and crippled ​its ballistic missile and nuclear programs. He added that the U.S. would continue to hit targets in ⁠the Islamic Republic over

What to watch as Trump addresses the nation about the Iran war

US President Donald Trump

Washington (AP): President Donald Trump is set to address the nation Wednesday evening about the war against Iran, a pivotal moment at home and abroad as he seeks to amass extraordinary power to prosecute the military operation and his second-term agenda. Trump started the day as the first sitting president to show up for a U.S. Supreme Court hearing, a stunning reach of the executive into the affairs of the judicial branch. He is preparing to end it with his first primetime address from the White House about a war he launched on his own, bulldozing past Congress. On an

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