Indian equity markets witnessed a sharp sell-off, with the BSE Sensex plunging over 1,500 points and the Nifty 50 slipping below the crucial 23,600 mark. The fall was largely driven by a spike in global crude oil prices following the breakdown of US–Iran peace negotiations.

After posting strong gains in the previous week, Indian markets have entered a phase of heightened volatility. Benchmark indices had surged significantly due to positive global cues and strong domestic buying, but the momentum appears to be fading.

Gold prices have declined slightly in recent sessions despite ongoing geopolitical tensions. The fall is primarily attributed to a stronger US dollar and profit booking by investors after recent highs.

Silver prices have been under pressure due to concerns over global economic slowdown and weaker industrial demand. Unlike gold, silver’s pricing is influenced by both investment demand and industrial usage.

India’s inflation is expected to rise slightly, driven mainly by increasing energy costs linked to higher crude oil prices. However, the overall inflation level remains within the central bank’s comfort range.

Geopolitical tensions between the US and Iran continue to impact global financial markets, creating uncertainty across asset classes. The breakdown of diplomatic talks has increased fears of prolonged conflict.

Indian equity markets are expected to start the week on a cautious and range-bound note, as rising geopolitical tensions continue to weigh on investor sentiment. Concerns around potential disruptions in crude oil supply due to escalating Middle East tensions have increased uncertainty across global financial markets.

Benchmark indices Sensex and Nifty continue to face sustained selling pressure as weak global cues and cautious institutional flows weigh on market sentiment. Over the past few sessions, both indices have struggled to maintain upward momentum, reflecting uncertainty among investors.

Gold prices witnessed a notable decline at the start of the week, reflecting a shift in global investor sentiment. A stronger US dollar and profit booking after recent highs contributed to the fall in prices across international and domestic markets.

Silver prices declined in line with gold, reflecting broader weakness in the precious metals segment. The metal faced pressure due to global uncertainty, currency strength, and subdued industrial demand outlook.