War tensions hit markets as oil surges on Israel-Iran strikes

War tensions hit markets as oil surges on Israel-Iran strikes

Geopolitical tensions and rising oil prices dragged Indian markets lower this week. The Sensex fell 573 points and the Nifty dropped 169, with oil and airline stocks taking the biggest hit. Global investors moved to safe-haven assets as Israel-Iran conflict escalated. The rupee weakened to a two-month low, while uncertainty loomed over trade deals and inflation signals.

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