US-Iran War Fears Rock Markets: Nifty Dips, Crude Soars Past $71

M
Moneycontrol•19-02-2026, 15:54
US-Iran War Fears Rock Markets: Nifty Dips, Crude Soars Past $71
- •Indian markets plunge amid escalating US-Iran tensions; Nifty down 360 points, Bank Nifty over 500 points.
- •Crude oil prices surge past $71, reaching a 6-month high due to war fears; Brent crude crosses $70.
- •Realty, Capital Goods, Auto, NBFC, Defense, and Oil & Gas stocks see significant declines.
- •ONGC and OIL defy market trend, jumping over 3% on crude price surge.
- •US-Iran war decision rests with Trump; military option open, but Congressional approval needed.
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