India’s benchmark stock indices, the BSE Sensex and Nifty 50, opened lower in early trade as investors reacted to escalating geopolitical tensions linked to the ongoing Iran conflict. The uncertainty in the Middle East has weighed on global financial markets and increased volatility across equities.

Market sentiment remained cautious as fears of supply disruptions and rising crude oil prices raised concerns about inflation and economic stability. Global markets have also shown weakness amid the geopolitical crisis, prompting investors to move towards safer assets and reduce risk exposure.

Despite the broader market decline, shares of Reliance Industries managed to trade higher, gaining around 2% in early trading. The stock’s rise helped limit some of the losses in benchmark indices, even as most sectors remained under pressure.

Analysts say markets may remain volatile in the near term as investors closely track developments in the Middle East, crude oil prices, and global market cues. The situation could continue to influence investor sentiment and market direction in the coming sessions.