Indian equity markets opened lower Tuesday as geopolitical tensions and crude oil volatility weighed on investor sentiment. The Sensex fell 273.89 points to 76,995.51, while Nifty 50 dropped 101.40 points to 24,017.90. Missile and drone strikes near the UAE triggered crude spikes, with Brent reaching $113.24 intraday. The Strait of Hormuz, handling 20 percent of global oil supply, remains a critical flashpoint. Rising US Treasury yields to 4.44 percent and rupee depreciation to 95.23 are pressuring foreign portfolio investor flows. Energy stocks showed resilience, with ONGC gaining 0.48 percent. Market analysts cite geopolitical headwinds and elevated crude as key concerns for near-term performance.
