The S P BSE Sensex fell 1,097 points to close at 78,918.90, while the NSE Nifty50 dropped 315.45 points to end the day at ...

The geopolitical shock from the Middle East conflict has increased near-term risks to the macro outlook with effects on the risk premium, inflation, monetary policy and the current account balance.

Gold prices have surged about 20% so far this year, notching successive record highs amid heightened global political and economic uncertainty.