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The Hindu·2 min read·medium

Stock markets slump amid weak global cues, surging oil prices; Sensex tanks 719 points

Stock markets slump amid weak global cues, surging oil prices; Sensex tanks 719 points
AI Summary

Indian stock markets experienced a significant decline on June 8, 2026, with the Sensex and Nifty indices falling over 1%. The drop was driven by weak global market trends and rising crude oil prices linked to tensions in West Asia.

Why it matters

Reflects the vulnerability of emerging markets to geopolitical instability and global energy price fluctuations.

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Benchmark indices Sensex and Nifty slumped on Monday (June 8, 2026), tracking a sharp decline in global equities and a fresh spike in crude oil prices, amid flaring tensions in West Asia.

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Confidence: 90%

Factual reporting on market movements based on economic data.

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