Indian stock markets ended sharply lower on Wednesday, with the BSE Sensex falling about 1,300 points to close near 77,000, and the Nifty 50 slipping 400 points to around 23,900.
Investors were rattled by escalating tensions in the Middle East, particularly concerns over a potential Iran-US conflict, which raised fears of higher oil prices and global instability. Foreign funds also sold equities, while domestic investors sought safer assets, adding to the pressure.
Most sectors were in the red, with banking, autos, and energy stocks leading the losses. Top losers included HDFC Bank, Reliance Industries, and Maruti Suzuki, while defensive and metal stocks such as Tata Steel and Hindalco managed modest gains. Mid-cap and small-cap shares also fell sharply, reflecting broad risk aversion across the market.
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