Sensex, Nifty plunge 0.8% amid uncertainty over Iran-US deal to end war

What Happened

Indian stock markets fell 0.8% on Monday amid uncertainty over a potential Iran-US deal regarding the Middle East conflict. The BSE Sensex dropped 617.63 points to 73,489.22, while NSE Nifty 50 fell 188.70 points to 22,779.55. GIFT Nifty futures traded at 22,889.5, suggesting further decline. The decline follows earlier gains when markets rose 1.1% after US and Iran discussed a framework for ending their conflict.

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