India's Markets Tumble Amid Mideast Tensions, Air Crash

  Published 11 months ago

Indian shares fell as Mideast tensions and Air India crash fears drove selloffs, with Nifty and Sensex down 1.2% each.

  • Nifty 50 and Sensex dropped 1.2%, all 13 sectors lost, and oil prices surged 9%.
  • Oil, energy indices fell 1.5%, 1.3%; refining margins were pressured by higher crude.
  • Airline stocks tumbled 4% post-Ahmedabad crash; safe havens like gold gained.

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