Gift Nifty Plunges, Asian Markets Weak: What's Next for Sensex Amidst Mideast Tensions?

• Gift Nifty trading 550 points lower at 24,432, signaling a significant 'gap-down' opening for Indian markets.
• Asian markets in turmoil: Japan's Nikkei 225 down 2.5%, South Korea's KOSPI plunged 7.24%, Hong Kong's Hang Seng also weak.
• Escalating US-Israel and Iran conflict in the Middle East is the primary reason for global market decline.
• US markets also suffered: S&P 500 closed below its 100-day moving average, Dow Jones fell over 400 points.
• Ajit Mishra of Religare Broking Limited advises investors to exercise caution, keep positions small, and use strict stop-losses.