Sensex Falls 931 Points, Nifty Slides as Oil Prices Jump and Iran-U.S. Ceasefire Doubts Hit Indian Stocks

Indian shares dropped to their lowest point in over two months on Tuesday, dragged down by declines in IT stocks and renewed worries about U.S. tariff threats tied to Greenland. The Nifty 50 fell 0.38% to 25,487, while the Sensex dipped 0.33% to 82,973 by mid-morning. Foreign portfolio investors had sold 32.63 billion rupees of shares just the day before, Reuters reported. “The volatility in the market is likely to continue in the near-term till some clarity emerges regarding the U.S.-Europe standoff on Greenland tariffs,” said VK Vijayakumar, chief investment strategist at Geojit Investments.