Sensex, Nifty decline amid global tensions
Indian stock markets took a hit on Wednesday, with the Sensex dropping 450 points from its peak and Nifty falling below 24,800.
The main reason? Tensions flaring up between Israel and Iran, which has everyone nervous about oil prices and regional stability.
Investors are playing it safe for now
If you invest or just keep an eye on the economy, this dip signals that global events can shake things up fast.
Rising oil prices and uncertainty overseas mean investors are playing it safe for now.
What is happening in other markets?
It's not just India—markets worldwide are feeling the heat.
Hong Kong's Hang Seng fell over 1%, and even Wall Street is treading carefully.
Plus, everyone's waiting to hear what US Fed Chair Jerome Powell says next about interest rates.
Right now, caution is the name of the game everywhere.