Global Stocks Down: Mideast Tensions Blamed
Global stock markets, including India's Nifty50 and BSE Sensex, plunged on March 13, 2026, with the Sensex dropping over 1,200 points and Nifty50 falling below 23,250. This sharp downturn, marking the steepest weekly fall in over a year, was primarily driven by escalating Middle East tensions, rising oil prices, and fears surrounding the Strait of Hormuz.