Indian stock markets experienced a significant downturn today. Benchmark indices Sensex and Nifty saw substantial declines. This drop was fueled by escalating Iran-US tensions and continued selling by foreign institutional investors. Rising oil prices and a weakening rupee also contributed to the cautious sentiment on Dalal Street. Investors are now keenly watching the upcoming RBI commentary.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets