EPA:AM 13 June 2025

June 29, 2026, 2:55 AM EDT. Indian markets declined early Monday due to renewed geopolitical tensions between the US and Iran, with the 30-share BSE Sensex falling 246.54 points to 76,853.93 and the 50-share NSE Nifty dropping 50.55 points to 24,005.45. Investors turned cautious after fresh military exchanges, despite reports of a halt in further attacks. Major laggards included Kotak Mahindra Bank, Mahindra & Mahindra, and Reliance Industries, while Asian Paints and Tech Mahindra gained. Brent crude oil rose 0.72% to $72.51 per barrel. The geopolitical uncertainty affected not only Indian indices but also South Korea's Kospi and Japan's Nikkei, while Chinese and Hong Kong markets traded higher. Foreign institutional investors purchased Rs 383.76 crore worth of equities on Thursday, before the market was closed Friday for Muharram.