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flag Indian stocks plunged amid West Asia tensions, oil spike, and fears of inflation.

flag As rising geopolitical tensions in West Asia sparked market volatility, Indian stock indices plummeted on Monday, with the Sensex falling more than 1,000 points and the Nifty falling more than 300 points. flag The sell-off was driven by fears of oil supply disruptions following U.S.-Israel strikes on Iran and the killing of Iran’s supreme leader, pushing WTI crude up 7.5% to $72 per barrel. flag Concerns about inflation and economic strain were heightened by India's significant reliance on imported LNG and crude oil. flag A shift to safe-haven assets resulted from a 25% increase in the India VIX, a decline in the rupee, and increased selling by foreign institutional investors. flag Although there is still a lot of uncertainty, analysts pointed out that the market was oversold, indicating the possibility of a technical rebound.

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