India’s rupee tumbled the most in more than three years against the dollar amid escalating tensions with neighboring Pakistan.

The volumes on the Indian rupee options soared after India's strikes in Pakistan, suggesting that the currency may go through a volatile patch on the back of the heightened tensions between the two nuclear-armed neighbours.

The S&P BSE Sensex fell 412 points, or 0.51%, to close at 80,335, while the NSE Nifty 50 dropped 141 points, or 0.58%, to end at 24,274. The broader market sentiment worsened, with the advance-decline ratio turning negative at 1:3,