Nifty 50 : ~ 24028

Key Reasons for the Fall

Escalating Middle East conflict (Iran-related tensions) created global risk-off sentiment.

Crude oil prices surged above $100, worrying markets because India is a major oil importer.

Heavy FII selling added pressure on equities.

Rupee weakness and rising bond yields increased macro concerns.

Sector Performance

Public Sector Banks: among the worst hit (around –5%).

Private banks (HDFC Bank, ICICI Bank) also fell around 3%.

Oil-sensitive and global exposure stocks like aviation and infrastructure declined.

Broader Market Context

The Nifty has fallen about 5% in just six sessions, indicating rising volatility due to geopolitical tensions and oil price spikes.

✔️ Summary:
Today was a broad-based market selloff driven by global geopolitical risk and oil price shocks, pushing the Nifty below 24,000 and the Sensex down more than 2,400 points intraday.