Stock market today: Sensex, Nifty 50 snap four-day winning streak as fresh US-Iran strikes drive oil prices higher

Indian benchmark indices snapped a four-day winning streak on 7 July as profit booking, triggered by fresh US-Iran strikes and a rise in crude oil prices, weighed on sentiment. The Sensex fell 104 points or 0.13 percent to close at 78,180.72, while the Nifty 50 dropped 32 points or 0.13 percent to 24,398.70. Broader markets also weakened, with the Nifty Midcap 100 and Smallcap 100 declining 0.30 percent and 0.55 percent respectively.