The Indian stock market closed in the deep red on Monday, with Sensex and Nifty falling up to 0.6% after recording sharp gains in the previous session as Iran-US war escalations and rising oil prices spooked investors.
Sensex fell nearly 443 points to close at 77,708, while Nifty 50 declined over around 96 points to close at 24,238 on Monday. This came even as India VIX, which measures market volatility, dropped around 2% to 12.90.
