Sensex Falls 900 Points, Nifty50 Drops Below 23,000 on Global Tensions
Indian equity markets saw a sharp selloff at the start of the week, with the BSE Sensex declining over 900 points and the Nifty50 slipping below the 23,000 mark. The downturn was primarily driven by investor anxiety over rising crude oil prices and escalating geopolitical tensions in the Middle East. Persistent foreign institutional selling added further pressure on domestic indices. Concerns over a widening import bill and potential inflationary impact on the Indian economy weighed heavily on market sentiment.
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