Indian Cyclical and Energy-Linked Stocks Decline Amid Middle East Tensions and Oil Price Surge

Shares of major Indian cyclical and crude-sensitive sectors fell sharply amid rising geopolitical tensions in the Middle East and surging crude oil prices. Tata Steel, JSW Steel, and Larsen & Toubro were among the top Nifty losers, with metal stocks declining over 4 percent due to concerns over global growth and supply disruptions. Paint, tyre, oil marketing, and aviation companies also faced selling pressure as investors anticipated higher input and fuel costs, reflecting broad market risk aversion.