Sensex drops over 200 points, Nifty below 23,900 as market falls for 4th day on rising Iran-US tensions. What’s ahead?

Indian benchmark indices fell for the fourth straight session on Thursday as escalating Iran-US tensions pushed oil prices sharply higher. Sensex declined about 338 points to 76,416 while Nifty 50 slipped over 88 points to 23,907, with broader midcap and smallcap indices also trading lower. Brent crude crossed USD 96 per barrel nearing the USD 100 mark, raising macro concerns for India as a major oil importer.