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The Hindu
Stock markets drop in early trade on escalating U.S.-Iran tensions, rising oil prices
In early trading, major stock indices like India's Sensex and Nifty reported declines, influenced by escalating tensions between the U.S. and Iran alongside rising crude oil prices. Analysts note that these geopolitical stresses heighten concerns over inflation and foreign fund withdrawals from the markets. As Brent crude rose significantly, broader implications for stability in the Middle East were discussed, raising fears of a regional conflict impacting global markets.
MonitorConfidence: HighShort term horizonGeopolitical risk: High
Published 11 Jun 2026, 05:36 UTC2 min read
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Summary
TL;DR
- Sensex dropped 358.54 points to 73,624.64.
- Nifty fell by 117 points to 23,098.30.
- Rising Brent crude prices increased 1.70% to $94.68 per barrel.
- Major tech stocks, including HCL Tech and Infosys, were lagging.
- Foreign Institutional Investors offloaded equities worth ₹2,124.98 crore.
Interesting facts
- The U.S. inflation was reported to be at a three-year high.
- Investors are moving away from risk assets amid geopolitical fears.
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