The Indian equity market had a turbulent start to the new week, mirroring a broader risk-off sentiment across Asian markets triggered by escalating US-Iran tensions. The GIFT Nifty signaled weakness early on, with the benchmark index opening sharply lower by nearly 300 points. Despite brief, unsuccessful recovery attempts during the session, selling pressure persisted throughout the day. Consequently, the Nifty50 index closed near the 22500 mark, registering a significant decline of over 2.50 percent, reflecting heightened caution.
