Sensex and Nifty decline amid geopolitical tensions
after close1 source ↓written by the desknot a recommendation
- 0.21
- 73,168
- 0.19
- 22,670
Indian equity benchmarks reversed early gains to trade lower on Monday, with the BSE Sensex down 150 points (0.21%) at 73,168 and the Nifty 50 down 42 points (0.19%) at 22,670. Investor sentiment was dampened by rising geopolitical tensions and surging crude oil prices.
Selling pressure affected major stocks such as Kotak Mahindra Bank, Tata Steel, and Bajaj Finance, which fell by up to 2%. Initial gains in the banking and auto sectors were overshadowed by caution as tensions involving Iran, Israel, and the U.S. escalated.
Not investment advice. For informational purposes only.