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The benchmark equity indices Sensex and Nifty fell sharply on July 08, 2026, as escalating US–Iran tensions sparked concerns over global stability. Higher crude oil prices were also major concern for India. At 2.51 pm, Sensex slipped by 2.42% or 1918 points to 76,270. Nifty dipped 2.44% or 582 points to 23,816.
Asian markets traded lower as investors turned cautious amid escalating US–Iran tensions, rising oil prices, and concerns over the broader impact on global economic growth.
European markets declined as investors assessed the impact of escalating US–Iran tensions, higher oil price.
Markets end higher on strong TCS revenue and cooling crude prices.
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