Indian Stock Markets Decline Amid Global Tensions and Sectoral Volatility

Indian stock markets experienced significant declines amid global risk-off sentiment driven by the US-Iran conflict and geopolitical tensions. The Sensex dropped over 900 points, closing near 81,287, while the Nifty fell below 25,200. Broad-based selling affected sectors like auto, FMCG, metals, and banking, though IT and media showed gains. Analysts noted margin pressures for oil marketing and related sectors, while upstream oil producers and defense stocks could see positive impacts from market dynamics.