US airstrikes on Iran stir market turbulence, Sensex drops 511 points
US strikes on Iranian nuclear-related sites at Fordow, Natanz, and Isfahan have made global markets jittery.
India's Sensex dropped 511.38 points to 81,896.79, and the Nifty 50 slipped by 140.50 points to 24,971.90 as worries about a bigger conflict and oil supply shocks took hold.
Oil prices spike nearly 6%
Oil prices spiked nearly 6%, which could make everything from travel to deliveries pricier.
The rupee also weakened against the dollar, while gold prices climbed as people looked for safer investments.
If you're tracking expenses or investing, these shifts could hit close to home.
Foreign investors have poured ₹10,000 crore into Indian shares
Global uncertainty is weighing on tech and auto stocks—Infosys and HCL Tech both fell over 2%.
Still, big foreign investors just poured ₹10,000 crore into Indian shares, showing some faith in India despite the turmoil.
Analysts say more ups and downs are likely as events unfold.