Indian equity benchmark -- Nifty ended sharply lower on Tuesday driven by rising crude oil prices and geopolitical jitters in West Asia after US president Donald Trump indicated a truce with Iran failing, sparking concerns in the region. Index began the session with cut of around half a percent and extended its loss as traders were cautious with unabated foreign fund outflows. According to exchange data, foreign Institutional Investors (FIIs) offloaded equities worth Rs 8,437.56 crore on Monday. Further, sentiments were also weak as Crisil projected India’s real gross domestic product (GDP) growth to slow to 6.6% in FY27, down from 7.6% in FY26, citing high crude and commodity prices, weaker global growth, and a below-normal monsoon. Besides, rupee depreciation to all-time-low of 95.74 against U.S. Dollar, also impacted trading sentiments. finally, Nifty ended lower with cut of over 1.80 percent.
