New Delhi, April 19 -- Tensions between Israel and Iran have sent shockwaves through global markets, triggering a wave of uncertainty and volatility.

Asian markets find themselves in the red, currencies are trading lower, and oil prices have seen a noticeable uptick.

India's Sensex experienced a decline in last 4 sessions, particularly affecting consumer durables and banking stocks.

India's 10-year yield remained flat initially but is now trading higher at 7.21 per cent, reflecting concerns over heightened tensions in the Middle East and their potential economic ramifications.

The escalating conflict has spurred a flight to safe-haven assets, with gold, the dollar, and the yen all experiencing significant gains.

Analysts warn that a ...