Sensex, Nifty witness sharp fall amid Iran-Israel tensions

Benchmark stock market indices saw a major downturn following Iran's retaliatory strike on Israel before closing on Monday.

This downturn affected most indices, with many stocks closing in the red.

The S&P BSE Sensex declined by 1.14% to 73,399.78, while the NSE Nifty50 experienced a 1.1% fall, settling at 22,272.50.

The downturn resulted in significant losses for investors, with 44 out of the Nifty50 stocks and 12 out of the 13 major sectors experiencing declines.