Mon Jun 23 04:30:00 UTC 2025: ## US Airstrikes in Iran Trigger Stock Market Plunge in India
**Mumbai, India -** Indian stock markets plummeted on Monday following reported US airstrikes on Iranian nuclear sites over the weekend. The escalating tensions in the Israel-Iran conflict, with the United States now involved, sent shockwaves through Asian markets, with India feeling the impact immediately.
The Bombay Stock Exchange’s (BSE) Sensex index opened sharply lower, nosediving over 844 points in early trading. Similarly, the National Stock Exchange’s (NSE) Nifty index opened down by 256 points. The sell-off was widespread, particularly impacting technology stocks.
Major players like Infosys, HCL Tech, and Tech Mahindra all opened with significant losses. The Sensex opened at 81,704.07, a steep drop from its previous close of 82,408.17, quickly falling to 81,556. The Nifty mirrored this decline, opening at 24,939.75 compared to its previous close of 25,112.40, and continued to slide to 24,853 within the first ten minutes of trading.
Among the biggest losers were Infosys (2.30%), HUL (2%), and Bajaj Finance (1.29%). Mid-cap stocks like Astral (4.70%) and Ola Electric (4.15%) also suffered significant losses.
While 848 stocks opened in the green, a staggering 1676 stocks began the day in the red, highlighting the pervasive negative sentiment. Bucking the trend, Nestle, ONGC, Bharat Electronics, Bharti Airtel, and SBI Life Insurance were among the few gainers in early trade.
This market downturn underscores the sensitivity of Indian markets to geopolitical uncertainty and the potential economic fallout from a wider conflict in the Middle East. Market analysts advise investors to consult with financial experts before making any investment decisions.
First Piper 