
Tue Jun 24 11:20:30 UTC 2025: Here’s a summary of the provided text and a rewritten version as a news article:
**Summary:**
Indian stock markets experienced volatile trading on Tuesday, June 24, 2025. Initial gains, driven by positive global cues and declining crude oil prices amid hopes of de-escalation in the Middle East, were significantly trimmed due to renewed tensions and ceasefire violations reported between Iran and Israel. While the Sensex and Nifty closed in positive territory, the gains were much smaller than the intra-day highs. Investor sentiment remained cautious due to geopolitical uncertainty and expiry day volatility. FIIs were net sellers, while DIIs were net buyers.
**News Article:**
**Indian Markets Pare Gains Amid Middle East Tensions**
**Mumbai, June 24, 2025:** Indian stock markets witnessed a rollercoaster trading session on Tuesday, with the Sensex and Nifty giving up substantial intra-day gains as renewed geopolitical tensions in the Middle East rattled investor confidence.
The markets initially surged, mirroring a global rally fueled by hopes of a ceasefire in the Iran-Israel conflict and a sharp drop in crude oil prices. The Sensex jumped over 1,100 points in early trading. However, reports of a ceasefire violation quickly dampened enthusiasm, triggering profit-taking and market volatility.
The 30-share BSE Sensex ultimately closed up 158.32 points, or 0.19%, at 82,055.11. The Nifty 50 rose 72.45 points, or 0.29%, to close at 25,044.35.
“Initial gains in the domestic market, driven by the ceasefire announcement and sharp drop in crude prices, were short-lived as renewed geopolitical tensions in the Middle East unsettled investor sentiment,” explained Vinod Nair, Head of Research at Geojit Investments Limited. He also cited heightened volatility due to expiry day dynamics as a contributing factor.
Adani Ports, Tata Steel, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finserv, and Titan were among the top gainers on the Sensex. Conversely, Power Grid, Trent, NTPC, Maruti, HCL Tech, and Bharat Electronics lagged behind.
Asian markets generally performed well, with gains in South Korea, Japan, Shanghai, and Hong Kong. European markets were also trading positively.
Foreign Institutional Investors (FIIs) continued their selling spree, offloading equities worth ₹1,874.38 crore, while Domestic Institutional Investors (DIIs) provided support with purchases worth ₹5,591.77 crore.
Global oil benchmark Brent crude fell 3.20% to $69.13 a barrel.