Indian equity markets witnessed a sharp decline as Sensex fell 1,330 points and Nifty dropped 366 points amid fading hopes of a U.S.-Iran peace deal. Brent crude prices remained above $110 per barrel, triggering concerns for India, which imports nearly 80-85% of its crude oil requirements. Markets ended lower for the third consecutive day, while the rupee remained under pressure against the US dollar. Rising gold imports and concerns over the current account deficit also weighed on investor sentiment.#timesnow #englishnews #sensex #nifty #markets #stocks #oil #iran #economy #trade