Israel–Iran War: Has the Indian Stock Market Already Priced In Middle‑East Tension? Can Nifty 50 Still Touch 24,000?
Amid escalating Israel–Iran hostilities and rising crude prices, Indian benchmarks remain resilient. Experts say Nifty 50 has largely factored in geopolitical risks—but the path to 24,000 may still be within reach
image for illustrative purpose
Indian markets showed surprising strength on June 18, 2025, rebounding from early losses. By late morning, the Sensex climbed roughly 264 points (+0.33%), reaching around 81,854, while the Nifty 50 advanced about 81 points (+0.32%) to 24,932.
Market analysts suggest that the Israel–Iran conflict has been largely absorbed by investors. According to Sourav Choudhary (Raghunath Capital), this resilience shows the conflict is seen as a short-term event. He noted that “every dip is viewed as a buying opportunity,” indicating bullish views on India’s economic fundamentals.
A spike in oil prices—Brent hovering in the mid‑$70s per barrel—continues to weigh on investor sentiment. While markets have factored in these energy-driven risks, sustained high crude could drive inflation and pressure margins for oil‑importing India.
Despite geopolitical uncertainty, technical analysts remain confident. With Nifty staying above key supports and dip-buying persisting, the index could still test or cross the 24,000 threshold—assuming global oil prices stabilize and domestic liquidity stays robust.
Indian equities have shown impressive resilience amid rising Middle‑East tensions. With crude prices the primary remaining risk, technical momentum and solid domestic liquidity still support the possibility of Nifty reclaiming the 24,000 mark.
