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Sensex Slides 0.32 and Nifty Drops 0.43 as Middle East Tensions Spook Markets

Economy
Published on 24 April 2026
Sensex Slides 0.32 and Nifty Drops 0.43 as Middle East Tensions Spook Markets

US Iran ceasefire doubts and Strait of Hormuz risks

Indian markets opened lower on Wednesday, April 22, as global uncertainty tied to a US-Iran ceasefire and continued blockade risks for the Strait of Hormuz pressured investor sentiment. The Sensex fell 0.32% to 79,019.34, while the Nifty 50 dropped 0.43% to 24,470.85, reflecting a cautious start to trade.

  • Sensex slipped 0.32% to 79,019.34 at opening
  • Nifty 50 fell 0.43% to 24,470.85
  • Market pressure linked to US-Iran ceasefire uncertainty
  • Strait of Hormuz blockade risk weighed on sentiment
Read the full story at Republic

This summarization was done by Beige for a story published on RepublicRepublic

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