As we write, Indian equities has shown recovery from the day’s low with Nifty trading with a cut of 1.08 per cent or 268.05 at 24,620, while at the day’s low – it plunged to 24,473. Likewise, Sensex from the day’s low of 80,354.59 staged a rebound to 80,855, down as much as 836.44 or 1.02 per cent.
Meanwhile, Bank Nifty traded with a cut of over 1 per cent at 55,451.
So, here are the likely factors for the steep fall in Indian markets today:
Israel- Iran conflict:
The markets have plunged factoring in the rising geo-political tensions. Israel has launched strikes on nuclear sites in Iran. The strikes as part of the Operation ‘Rising Lion’, noted Israel’s PM Benjamin Netanyahu, pointing out that Iran is a threat to “Israel’s very survival”.
Rising crude prices
Crude price has surged sharply to above $75 per barrel levels amid concerns of supply disruption in the commodity due to rising Israel- Iran conflct.
Broader market sell-off
All sectoral gauges traded deep in the red, with banking, oil and gas and consumer durables leading the losses with over 1 per cent cut each.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
