The Hindu·3 min read·hard
Stock markets tumble in early trade dragged by HDFC Bank, spike in crude oil prices
P
PTI
✦AI Summary
Indian stock markets experienced a decline as investors reacted to disappointing quarterly earnings from HDFC Bank and rising global crude oil prices. Tensions between the U.S. and Iran have contributed to market volatility and concerns over energy costs.
Benchmark indices Sensex and Nifty tumbled in early trade on Monday (July 20, 2026), dragged by heavy selling in blue-chip HDFC Bank and a sharp spike in crude oil prices due to the ongoing tensions between the U.S. and Iran.
economybusiness
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