
The Indian stock market opened sharply lower today as the Nifty index dropped by more than 345 points, settling at 25,452, amid rising geopolitical tensions between Israel and Iran. Investors are reacting to the escalating conflict in the Middle East, which has triggered global market volatility and impacted investor sentiment.
The conflict between Israel and Iran has raised fears of disruption in oil supplies from the Persian Gulf, leading to a surge in crude oil prices. This has adversely affected sectors sensitive to fuel prices and increased concerns about inflationary pressures, further dampening market sentiment.
Global uncertainties are pushing investors towards safe-haven assets like gold, causing outflows from equity markets. This trend has intensified selling pressure on Indian equities, particularly in energy-intensive and export-driven sectors. The ongoing geopolitical crisis is expected to keep markets volatile until there is clarity on the situation.
Traders are advised to remain cautious, as the market may continue to face downward pressure if the conflict escalates further, impacting global trade and oil supplies.