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Indian markets tumble as elusive US Iran truce fades and oil spikes
Economy
Published on 25 April 2026
Oil jumped fast after truce hopes died
Indian equities ended the week lower as hopes for an elusive US-Iran truce faded, denting risk sentiment. Crude oil surged, adding pressure across the board. IT stocks also struggled after several companies reported earnings below expectations. Foreign portfolio investors were net sellers, prompting analysts to urge patience and gradual positioning.
- US Iran truce optimism faded, hitting investor sentiment
- Crude oil spiked sharply, worsening market pressure
- IT stocks fell on lower than expected earnings
- Foreign investors sold shares heavily during the week
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times