Indian benchmark stock indices fall sharply in late trade after US President Donald Trump comments that the US-Iran interim deal is effectively “over,” reviving concerns about potential escalation in West Asia. Multiple reports describe broad-based selling across sectors, with volatility rising as markets react to the geopolitical development and its impact on energy prices.
By the close, the Sensex declines around 1,650–1,677 points, with some outlets also citing an intraday drop of about 1,900 points and the Nifty sliding below 23,900. Another report places the Nifty at roughly 23,805. The market moves are linked to expectations of higher crude prices following the remarks. NDTV notes that Brent crude trades higher at about $76.18 per barrel, while US WTI rises by around 2.87% to about $72.46.
While Trump’s comments raise alarm over the status of the agreement, at least one outlet says he still allows talks to continue, but the overall assessment among traders remains cautious. The combined effect is a decline of more than 2% across India’s major indices by the end of the trading session.
