India, June 23 -- https://tehelka.com/media/2025/06/US-bombs-Iran-Sensex-plummets.jpg
Asian markets crumbled on Monday after the US bombing of three Iranian nuclear sites heightened the Middle East crisis.
In India equities crashed in early trade plummeting over 800, while Nifty lost nearly 250 points. Around 9:45 am, Sensex stood at 81,560 points and Nifty at 24,859 points, according to reports.
Meanwhile, oil prices too hit five-month highs, albeit briefly, amid concerns of disruption to energy markets due to the US action.
The US joining Israel against Iran has escalated fears of Iran closing the critical Strait of Hormuz
So far as India is concerned, Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday assured that...