Sensex and Nifty declined as higher crude oil prices and escalating Middle East tensions triggered broad-based selling across banking and auto.
Markets may remain volatile from March 16–20 as investors track war developments, crude oil prices and foreign investor activity.
War tensions and oil surge above $100 trigger heavy selling in Indian markets as Sensex and Nifty witness sharp declines.
Indian equity markets slipped mid-week as profit booking in banking and IT stocks, along with global cues and valuation concerns, weighed on investor.