On Monday, Indian equity markets faced a decline as the BSE Sensex fell over 200 points in early trading, reflecting investor anxiety due to escalating tensions between Iran and the United States. The index, however, managed to recover somewhat, trading higher by 116 points at 78,610 after dipping below 78,300 earlier in the session. The Nifty 50 index also showed slight improvement, hovering around 24,366, up 0.05%. The initial drop was fueled by reports of US forces seizing an Iranian naval cargo vessel in the Strait of Hormuz, a crucial global oil transit route, which heightened geopolitical tensions. This situation has led to a sharp increase in global crude oil prices, which rose nearly 8%, raising fears of supply disruptions and potential inflationary pressures in import-heavy economies like India. Consequently, selling pressure was evident across various sectors, particularly in IT, metals, and banking, as broader markets reflected a risk-off sentiment among investors.