Indian stock markets traded lower on Monday, impacted by Iran-US tensions. Sensex and Nifty experienced significant declines, reflecting investor concerns over rising oil prices. Tech Mahindra and Bharti Airtel shares saw gains, while Axis and HDFC Bank shares dropped. Broader markets also traded with marginal losses, with private banks leading the decline. Despite the overall dip, market breadth showed a slightly positive trend with more advances than declines.

Indian stock markets traded lower on Monday, impacted by Iran-US tensions. Sensex and Nifty experienced significant declines, reflecting investor concerns over rising oil prices.…

Sensex dropped 550 points, and Nifty slipped below 24,200 as heavy selling in HDFC and Axis Bank shares, coupled with rising oil prices, weighed on market sentiment.