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Stock markets tumble in early trade amid worsening tensions in Middle East

  • On June 23, 2025, Indian equity indices Sensex and Nifty tumbled sharply during early trade in Mumbai amid rising Middle East tensions.
  • The sell-off followed the US bombing of three major Iranian nuclear sites, which worsened the ongoing Israel-Iran conflict and raised global uncertainty.
  • Asian markets mostly fell, with Japan's Nikkei down 105.75 points and Hong Kong's Hang Seng slipping 31.66 points, while China’s Shanghai Composite edged up slightly.
  • The 30-share BSE Sensex lost 705.65 points to 81,702.52, Nifty dropped 182.85 points to 24,929.55, and Brent crude oil traded near $79, up over 3 USD a barrel.
  • Despite the decline, analysts expect limited market impact with a buy-on-dips strategy as investors monitor further developments including central bank decisions later in the day.
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Stockhead broke the news in on Monday, June 23, 2025.
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