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India stocks fall as US-Iran tensions lift crude; Nifty 0.59% lower

Indian equities ended sharply lower after a fresh US-Iran conflict escalation lifted crude, reviving inflation and rate-hike worries. Nifty 50 fell 141.35 points, or 0.59%, to 23,914.45; Sensex also declined.

NIFTYSENSEX

Stock-market recap, Sept.

3 -- Indian equities fell sharply on Wednesday as a fresh escalation in the US-Iran conflict sent crude oil prices surging, reviving inflation and rate-hike worries across global markets.

The Nifty 50 dropped 141.35 points, or 0.59%, to close at 23,914.45, while the Sensex…