The Indian stock market snapped a two-session gaining streak to close in the deep red on Monday, with Sensex and Nifty falling up to 0.5% as fresh escalations in the conflict between Iran and US in the Middle East spooked investors. Sensex fell over 372 points to close at 76,728 while Nifty 50 declined 110 points to end the session at 23,946. This came as the quarterly index rebalancing of several NSE indices took effect today.
Here's how analysts read the market pulse
