On June 24, 2025, the Indian stock market experienced significant volatility due to escalating geopolitical tensions in the Middle East. The Sensex and Nifty 50 indices closed higher despite early declines, reflecting the impact of the ongoing conflict between Israel and Iran. This event highlights the sensitivity of global markets to international conflicts.
The Sensex closed at 82,055.11, up 158 points, while the Nifty 50 ended at 25,044.35, gaining 72 points. Sectoral highlights included gains in Adani Ports and SBI Life, and losses in ONGC and HCL Tech. The Nifty PSU Bank index rose by 1.5%, and the Nifty Metal index added 1%.
The market's fluctuations were largely attributed to the conflict between Israel and Iran, including the launch of a Sejjil missile by Iran and subsequent Israeli airstrikes. The Indian rupee appreciated by 1% against the US dollar, closing at 85.93 per dollar. Vinod Nair from Geojit Investments noted that geopolitical risks continue to impede market momentum. (Source: The Economic Times, Reuters, AP News)