BENGALURU, April 15 Reuters Indian shares fell on Monday as investors sold riskier assets after Iran39;s retaliatory attack on Israel over the weekend spurred fears of a wider regional conflict.

The NSE Nifty 50 was down 0.73 at 22,354.70 as of 1010 a.m. IST, while the SP BSE Sensex fell 0.75 to 73,687.02.

Risk sentiment took a hit after Iran39;s retaliatory attack on Israel over the weekend stoked fears of a wider conflict in the Middle East region and kept traders on edge, analysts at SMC Global Securities said in a note on Monday.

The worries in the Middle East have rattled all financial markets, pushing investors to look for safer places for their money.

Fortyone of the Nifty 50 stocks declined. All the 13 major sectors logged losses.

Shares of Indian rice and tea exporters fell amid escalations in Middle East tensions. India is one of the top exporters of basmati rice and tea, and Iran is a leading buyer of those commodities.

Other Asian peers also traded lower, with the MSCI Asia exJapan index shedding 0.72.

Among individual stocks, Tata Consultancy Services, India39;s top software services firm by revenue, gained 0.8 and was among the top five Nifty 50 gainers.

While the company reported lowerthanexpected revenue in March quarter, we still expect TCS to lead peers on revenue growth in fiscal year 2024, aided by rampup of mega deals, analysts at Kotak Institutional Equities said.

Aluminium producer Hindalco Industries gained 2.5 and was the top Nifty 50…