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Indian indices decline as oil prices surge amid US-Iran tensions

12 Mar 2026 · 16:05 ISTafter close1 source ↓written by the desknot a recommendation

: 1.7%
: 1.6%

Indian benchmark indices closed lower as oil prices surged due to escalating US-Iran tensions. The BSE Sensex fell 1,342 points (down 1.7%), while the NSE Nifty dropped 394 points (down 1.6%). Selling pressure was observed in the realty, banking, and IT sectors, while oil & gas and pharma stocks showed resilience.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 Mar 2026, 16:05 IST.

Sourcesnews.google.com

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Indian indices decline as oil prices surge amid US-Iran tensions

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