Why India’s Stock Market Fell Today: Oil Shock, Asia Rout Hit Sensex and Nifty
Indian shares tumbled about 1% as Brent crude surged above $97 after Israel struck an Iranian plant, sparking fears over energy supply, rupee weakness, inflation, and company margins; Nifty 50 fell 1.04% to 23,124.35, Sensex dropped 694.45 points, with 13 of 16 sectors down and volatility jumping as global tech and rate worries intensified investor nervousness.