Brief by Shorts91 Newsdesk / 04:27am on 02 Apr 2026,Thursday India
Indian benchmark indices BSE Sensex and Nifty 50 plunged sharply after Donald Trump warned of intensified military action against Iran, denting investor sentiment. The Sensex fell over 1,300 points while Nifty dropped significantly in early trade, tracking global market weakness. Trump’s remarks reduced hopes of de-escalation, triggering a risk-off mood across equities. Rising geopolitical tensions pushed Brent crude prices up nearly 5% above $105 per barrel, raising concerns over inflation and India’s import bill. Broad-based selling hit most sectors, while foreign investors continued heavy outflows. Analysts say uncertainty over the conflict, oil prices, and currency pressure will keep markets volatile in the near term. (PC: India Today)
