UniQure Stock Plunges 50% on FDA Shocker – What’s Next for QURE’s Gene Therapy Ambitions?

April 2, 2026, 3:51 AM EDT. The Sensex and Nifty indices fell nearly 2% as Iran tensions and a mix of economic concerns rattled markets. Foreign institutional investors sold shares worth over Rs 8,300 crore, while domestic players bought Rs 7,100 crore. High crude oil prices, a widening trade deficit, worries over remittances, and ongoing foreign outflows pressured the Indian rupee, despite Reserve Bank of India interventions. The sell-off echoed broader Asian weakness, with South Korea's Kospi down 4%, Japan's Nikkei 225 falling over 2%, and declines in Hong Kong and China markets. US markets had closed higher previously, underscoring volatile global investor sentiment. The drop followed a strong rally, highlighting the fragile and fast-changing outlook.