Indian shares may witness a sharp sell-off on Monday as investors brace for a potentially prolonged standoff in the Middle East and a global energy crisis.
With the Strait of Hormuz effectively shut and Iranian strikes spreading across the Gulf, oil prices surged above $100 a barrel for the first time since 2022.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.