Amid the global uncertainties, Indian stock markets continued to fall. Market indices on Thursday opened in the red as escalating tensions in West Asia and, again, a sharp rise in crude oil prices weighed on investor sentiment.

As reported by news agency ANI, the benchmark indices came under pressure after Iran's Navy Chief reportedly said that vessels seeking to sail through the Strait of Hormuz would require Iran's approval or could be targeted, raising concerns about disruptions in global oil supply.