Why Is the Indian Stock Market Down Today? Crude Oil Prices Remain the Biggest ConcernBrent crude has climbed above $90 per barrel amid ongoing US-Iran tensions and uncertainty surrounding the Strait of Hormuz. Higher oil prices could increase India’s import bill and add to inflationary pressures. Sectoral Performance: Nifty Metal and Nifty PSU Bank are showing relative strength, while Nifty FMCG and Nifty IT remain in negative territory. Indian Stock Market Today: What Investors Should Watch Today?