Sensex and Nifty 50 faced a massive selloff today, tracking a broader decline in global markets after crude oil prices surged above $100 per barrel amid escalating tensions in the US-Iran conflict.

Brent crude surged nearly 29% on Monday to cross $100 per barrel, heading for its biggest single-day gain on record after the Strait of Hormuz remained shut amid the escalating Iran–Israel–US conflict ...