IT drags D-Street lower as investors turn cautious on Middle East tensions, US inflation data, oil spike

Sensex jumps over 500 pts despite West Asia tensions; Reliance, HUL lead early gains

Sensex climbed 513 pts (0.69%) on FMCG/banking strength; crude price surge pressures India's growth and margins. AI-trade fatigue is cooling South Korea/Taiwan valuations; sustained FPI selling in India despite corrections widens valuation gaps—requires foreign investor sentiment shift for recovery.