MUMBAI: Indian stock markets closed sharply lower on Monday as rising tensions between the US and Iran dampened investor sentiment and triggered selling across sectors.
The benchmark Nifty fell 1.24 per cent, or 312.95 points, to settle at 24, 865.70. The Sensex dropped 1.29 per cent, or 1, 048.34 points, to close at 80, 238.85, marking its lowest level since September 2025.
Although the indices recovered some losses from the day’s lows, they remained firmly in the red by the end of the session.
Commenting on Nifty technical outlook, experts said that the immediate crucial support is placed at 24, 600.