Indian Stock Markets Tumble Amid Escalating US-Iran Tensions
Indian stock markets opened sharply lower on June 23 as rising geopolitical tensions between the US and Iran rattled investor sentiment. Sensex and Nifty witnessed steep declines led by banking and metal stocks
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Indian stock indices opened significantly lower on Monday, June 23, 2025, as heightened geopolitical tensions between the United States and Iran triggered a sharp sell-off across global financial markets. Investors turned risk-averse following fresh developments in the Middle East, resulting in heavy losses across key sectors including banking, metal, and energy.
The BSE Sensex plunged over 800 points in early trade while the NSE Nifty dropped below the 23,400 mark. Market breadth turned negative with most sectoral indices trading in the red. Banking stocks led the fall, with major players like HDFC Bank, ICICI Bank, and SBI witnessing notable declines. Metal and oil & gas stocks also bore the brunt of the bearish sentiment.
Global cues remained weak, with Asian peers also trading lower as investors digested the implications of potential military escalation between Washington and Tehran. Crude oil prices spiked, adding further pressure on inflation-sensitive sectors and fueling concerns over India’s import bill.
Market experts warn of increased volatility in the near term and advise investors to remain cautious, particularly in sectors sensitive to global developments. Safe-haven assets like gold saw increased demand, signaling a flight to safety among investors.
As geopolitical uncertainties continue to unfold, the Indian stock market is expected to remain under pressure, with global sentiment playing a key role in determining its short-term trajectory.
