Sensex slumps 600 points, Nifty below 24,050 on Mideast conflict, fresh pharma tariffs. What lies ahead?

Indian stock markets experienced a decline on Wednesday as tensions in the Middle East escalated. Crude oil prices surged above $92 a barrel, impacting investor sentiment negatively. Broader markets also slipped, with small and midcap indices showing losses. Several major banking and IT stocks contributed to the Sensex's drop. Despite these challenges, some auto and consumer stocks traded higher, bucking the trend.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.comthehindu.comnewsbytesapp.com