Indian equity markets witnessed a steep decline as benchmark indices BSE Sensex and NSE Nifty 50 plunged amid escalating geopolitical tensions in the Middle East. Investor sentiment weakened due to surging crude oil prices, persistent foreign capital outflows, and depreciation in the rupee. The downturn reflects broader global market instability, with risk aversion dominating trading behavior. Analysts indicate that continued uncertainty in international markets, coupled with macroeconomic pressures, could sustain volatility in the near term.