West Asia conflict hits India equities as Nifty 50 drops to 24,013.10 and Sensex ends at 76,802.90

Since the West Asia conflict began on February 28, escalating military action involving Iran, the US and Israel has disrupted shipping through the Strait of Hormuz, a key global energy transit route. The disruption has heightened crude supply risks and triggered sharp volatility in international oil prices. Over the same period, Indian equities weakened, with the Nifty 50 and Sensex both coming under pressure.