Deepening Mideast Conflict Triggers Worst Indian Shares Session in 2 Months

• Deepening Middle East conflict triggers worst session for Indian shares in two months.
• Nifty 50 index and S&P BSE Sensex both drop over 2%, marking worst performance since early August.
• Rising oil prices impact domestic paintmakers, tyre-makers, and oil refiners.
• Potential foreign outflows from India to China add pressure on domestic equities.
• Only two of the Nifty 50 constituents settle higher, with all 13 major sectoral indexes declining.

Source: Reuters