GIFT Nifty Drops 1.5% Amid Iranian Claims of Airstrikes on South Pars Gas Field

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GIFT Nifty Plunges 1.5% as Iran Claims Airstrikes on South Pars Gas Field

Stock market today news: GIFT Nifty declines amid US-Iran war.

M

Moneycontrol•18-03-2026, 20:29

GIFT Nifty Plunges 1.5% as Iran Claims Airstrikes on South Pars Gas Field

•GIFT Nifty declined nearly 1.5% after Iran reported US and Israeli airstrikes on its South Pars gas field and other facilities.
•The alleged attack, if confirmed, would be the first targeting Iran's upstream oil and gas facilities in the ongoing conflict.
•Oil prices, including Brent crude, rose significantly following Iran's claims of energy facility attacks.
•Geopolitical tensions remain high, with Iran vowing retaliation and Donald Trump suggesting the US could 'finish off' Iran.
•Domestic markets are expected to open lower on Thursday, reversing recent gains, due to elevated geopolitical concerns.

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