Indian equity markets continued to trade lower, reflecting global market trends impacted by escalating tensions in the Middle East, particularly the ongoing conflict between the United States and Iran. The S&P BSE Sensex decreased by 240.17 points or 0.31% to settle at 77,033.55, while the Nifty 50 index fell 83.40 points or 0.36% to 24,031.90. Despite the overall decline, the broader market showed some resilience with the BSE 150 MidCap Index increasing by 0.15% and the BSE 250 SmallCap Index rising by 0.08%. Major sectors such as realty, consumer durables, and oil & gas faced declines, while auto, metal, and fast-moving consumer goods (FMCG) shares saw gains.

In the commodities market, Brent crude oil prices rose 2.86% to $108.17 per barrel, further influencing market sentiment. Notable stock movements included Mahindra & Mahindra, which gained 2.09%, and Tech Mahindra, which fell 1.55%. Additionally, Wockhardt reported a significant turnaround in quarterly earnings, with a net profit of ₹164 crore in Q4 FY26, compared to a loss of ₹45 crore in the previous year. Overall, investor sentiment remains cautious as they monitor developments in the Middle East and their potential impact on oil prices and market stability.