Escalating tensions have pushed oil prices up, triggering a sell-off. This has had a broad impact, with many sectors feeling the effects. Realty, technology, and automobile shares have been particularly hard hit, with significant declines in their respective indices.

The financial services, cement, and media sectors are also trading lower. The overall market trend is downward, with key benchmarks opening sharply lower.

Further information on the market decline and sector performance is available, including specific index values and percentage changes.