Indian equity markets plummeted due to geopolitical tensions, pushing crude oil prices higher and dampening investor sentiment.

Concerns over the escalating conflict in the Middle East have raised fears of potential disruptions to crude supplies from the top oil-producing region, pushing prices higher—a situation that impacts net importers like India.

The S P BSE Sensex lost 808.65 points to close at 81,688.45, while the NSE Nifty50 was down 200.25 points to end at 25,049.85.

While the benchmarks started on a negative note with the Sensex, which had dropped over 2 per cent in the previous session, opened lower and fell half a percent in morning deals. Miday: The equity benchmark indices then recovered almost 1.

Diffusion Engineers will list on BSE and NSE. While Fridays F&O ban list of stocks include Bandhan Bank, Birlasoft, Granules India, Hindustan Copper, Manappuram Finance, and RBL Bank.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 25,425 level, a discount of nearly 50 points from the Nifty futures’ previous close.

Falling for the fourth day running, the BSE Sensex tumbled 1,769.19 points or 2.10 per cent to settle at 82,497.10. During the day, it plummeted 1,832.27 points or 2.17 per cent to 82,434.02.