The war tension in the Middle east has had a huge impact on the indian stock markets. The stock market started trading at 9.15 am on june 13. israel has carried out a deadly attack on Iran's military bases and Iran's nuclear facilities. iran has announced that it will react strongly to this. This has created a huge level of war tension internationally. Due to this, crude oil prices have increased by more than 12 percent. This is the first time since 2022 that crude oil prices have increased by more than 10 percent in a single day. Sensex and Nifty have fallen due to rising crude oil prices and the Iran-Israel conflict. At 9:25 am, the mumbai Stock Exchange index Sensex fell by 925 points to trade at 80,766 points. That is, the Sensex fell by 1.13 percent. Similarly, the National Stock Exchange index Nifty fell by 284 points to trade at 24,603. That is, the Nifty fell by 1.14 percent.
War tension is the reason: The shares of 238 companies listed on the stock exchange are displayed in red. There is confusion among international investors due to the war tension in the Middle east countries, apart from this, investors have lost a lot of confidence due to the air india plane crash that occurred in india yesterday, said hdfc Securities analyst Devars Vakeel.
 
 Oil company shares fall: Shares of oil and gas companies including Bharat Petroleum, indra Prasad Gas Limited, Hindustan Petroleum, and chennai Petroleum Corporation Limited have seen a decline of two to four percent in the indian stock market. israel has said that the conflict with iran will last for a few days. This will close the Strait of Hormuz. If this happens, the international movement of crude oil ships will be blocked. This will lead to a shortage of crude oil and a rise in petrol and diesel prices. This is the reason for the stock market fall, says Geojit analyst Vijayakumar. He has mentioned that the value of the indian rupee against the dollar has also fallen due to the increase in crude oil prices. The value of the indian rupee against the dollar has increased to Rs.86.15. It was Rs.85.60 yesterday and today it has increased to Rs.86.15 in a single day.
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Sowmiya Sriram

13/06/2025 01:51 PM