Oil Surge Triggers Broad-Based Selloff

A sharp rise in crude oil prices, driven by escalating geopolitical tensions, triggered a broad-based selloff across Indian equities. Oil marketing firms such as Hindustan Petroleum Corporation Limited, Bharat Petroleum Corporation Limited, and Indian Oil Corporation witnessed declines as investors priced in pressure on margins. Metal stocks, including Hindustan Copper Limited, faced headwinds due to concerns over supply chain disruptions and weakening global demand. Fertiliser players like

also dropped, reflecting concerns over cost escalation. The combined impact of geopolitical risks and commodity volatility has led to a defensive market stance, with investors closely monitoring further developments. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.