MUMBAI: Fresh flare ups between Iran and Israel on Monday sank the rupee, spiked crude prices globally and pulled down most major Asian markets. As a result, sensex dipped over 900 points (1.3%) in early trades but recouped some ground to close 719 points (1%) lower at 73,524 points.

Oil prices surge over 3% after Iran-Israel escalation; IT, metal stocks drag amid FII outflows and US rate worries

Sensex fell 750 points and Nifty slipped below 23,150 as surging crude oil prices, Middle East tensions, and U.S

Indian stock markets tumbled nearly 1% on Monday, mirroring a broader Asian decline. Renewed Middle East hostilities fueled oil prices, while global investors shifted away from AI…