India’s Sensex fell 300 points after global crude prices spiked on renewed Middle-East tensions. Financials and consumer stocks saw the largest pullbacks as inflation concerns resurfaced. Government officials assured investors that energy import strategies and inflation buffers remain intact. Analysts noted persistent volatility could test policy flexibility before corporate-earnings season. The sudden oil rebound also affected rupee sentiment and near-term foreign inflows, with traders eyeing Brent trends for cues on next-quarter inflation outlook and equity-risk appetite.