Iran-US-Israel tensions trigger market sell-off: Sensex falls 748 points, nifty drops 224

Amid escalating Iran-US-Israel tensions, Indian stock markets witnessed a significant slump on Monday morning. The BSE Sensex plunged by 748 points, while the Nifty 50 fell by 224 points, reflecting investor anxiety over the deepening global crisis involving the United States, Israel, and Iran.

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The impact wasn’t limited to India. Major Asian stock markets also opened in the red, as fears of a prolonged conflict weighed heavily on investor sentiment across the region. Markets in Japan, South Korea, and Hong Kong reported similar declines.

At the heart of this market panic is the ongoing conflict in the Middle East, which has disrupted global supply chains and caused crude oil prices to spike sharply. The Strait of Hormuz, one of the world’s most critical oil transportation routes faces potential disruption, causing uncertainty in fuel supply and pricing.

Beyond oil, other key commodities such as gold, logistics-dependent goods, and industrial raw materials are also expected to witness price volatility as the conflict stretches on. Analysts warn that if the situation doesn’t stabilize soon, inflationary pressures could rise globally, forcing central banks to reassess their monetary policies.