Sensex tumbles around 1,000 points as fresh Iran strikes spark war fears

Stock markets tumble in early trade; Sensex tanks 700 points

Sensex and Nifty tumbled 700 and 177 points amid US-Iran tensions, crude oil spike to $96.85/barrel, and ₹8,362 crore foreign fund outflows. India's IT sector hit hard while facing 12.5% tariff proposals, diverging from S&P 500 and Nikkei record highs fueled by semiconductor gains.