Indian markets crash: Sensex, Nifty drop about 2% as oil prices soar after US-Iran talks collapse
Indian Express·2h ago·Neutral
What Happened
Indian stock markets fell sharply Monday after US-Iran peace negotiations in Islamabad collapsed. Sensex dropped 2.08% to 75,937.16 and Nifty 50 fell 1.92% to 23,589.60. Oil prices surged above $100 per barrel. Iran rejected US terms. President Trump announced naval blockade of Strait of Hormuz. Brent crude rose 7% to $102. Asian markets declined approximately 1%.
Key Entities
Indian Stock MarketsSensexNifty 50US-Iran TalksOil PricesBrent CrudeDonald TrumpStrait of Hormuz