Indian Stock Markets Decline Amid Rising Oil Prices and Geopolitical Tensions

Indian stock markets saw declines in early trade on Tuesday, August 25, amid heightened geopolitical tensions and rising crude oil prices.

The 30-share BSE Sensex fell by 139.96 points to 77,235.23, while the 50-share NSE Nifty slipped 66.75 points to 24,162.50.

Brent crude, the global oil benchmark, traded at $92.49 per barrel, up 0.35% from the previous day's close.

Ponmudi R., CEO of Enrich Money, attributed the market decline to the intensification of economic pressure on Iran following the US's 'Economic D-Day' sanctions campaign.

Foreign Institutional Investors (FIIs) bought equities worth ₹1,181.66 crore on Monday, according to exchange data.