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West Asia war: Markets and oil prices swing amid geopolitical uncertainty, RBI policy in focus

Indian stock markets ended their sixth straight week lower amid global uncertainty, and investors are now looking closely at three key forces shaping market direction next week including RBI's monetary policy decision, escalating US-Iran tensions and soaring crude oil prices

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Indian markets slip for sixth week amid global tensions. Representational Image

Indian markets slip for sixth week amid global tensions. Representational Image

Indian markets began the holiday-shortened week on a weak note as global and domestic factors combined to dampen investor sentiment.

Rising tensions between the United States and Iran created uncertainty, while Brent crude oil prices surged sharply due to disruptions in the Strait of Hormuz. This led to broad-based selling across sectors, pulling benchmark indices down, reported IANS.

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