Affected by escalating geopolitical tensions, the Indian stock market plummeted, with the Sensex index dropping over 5,000 points and the Nifty 50 index falling 1,200 points within three trading days, erasing all gains since the beginning of the year. Analysts believe that this sell-off triggered by the Middle East conflict and soaring oil prices, given India's strong economic fundamentals, may present a good opportunity for long-term buying.
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Affected by escalating geopolitical tensions, the Indian stock market plummeted, with the Sensex index dropping over 5,000 points and the Nifty 50 index falling 1,200 points within three trading days, erasing all gains since the beginning of the year. Analysts believe that this sell-off triggered by the Middle East conflict and soaring oil prices, given India's strong economic fundamentals, may present a good opportunity for long-term buying.