Indian equity markets closed flat on Monday as geopolitical tensions between the United States and Iran weighed on investor sentiment. The Sensex gained 26.76 points to close at 78,520.30, while Nifty 50 rose 11.30 points to 24,364.85, reflecting cautious trading ahead of global developments around the Strait of Hormuz. Crude oil prices surged over four percent to $94.48 per barrel due to supply concerns, while the rupee weakened 19 paise against the dollar. Gold declined 1,129 rupees per 10 grams as investors reassessed safe-haven positions. Sectoral performance remained mixed, with media and auto stocks gaining while FMCG, IT, metals, and pharma sectors closed lower. Market participants remained watchful of escalating geopolitical risks and their potential impact on oil prices and broader market stability.
