West Asia tensions hit Indian markets, and the rupee fell to 91.26 against US dollar

India’s equity market benchmark BSE Sensex could drop below 75,000 if tensions in West Asia persist for weeks, driving crude oil prices to $90 per barrel, according to market experts. Indian equity market faced the brunt of the ongoing conflict in West Asia with the benchmark BSE Sensex crashing more than 2, 700 points at opening, while NSE Nifty50 fell nearly 520 points.