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Share Market: Sensex Tumbles 511 Points To Settle At 81,896 – What’s Impacting Dalal Street?

In the commodity market, Brent Crude Oil prices surged over $78.38 per barrel. The spike came amid fears that the conflict could disrupt oil supply through the Strait of Hormuz, a key route for global oil transport.

India’s share market indices, Sensex and Nifty50, ended the day’s trade in red on Monday, June 23, 2025. The Sensex (index with top 30 firms) tumbled 511.38 points to close at 81,896.79 on Monday. Meanwhile, Nifty50 (index with top 50 firms) was down 140.50 points to close at 24,971.90 points.

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In the morning, the Sensex tumbled 704.10 points to open at 81,704.07. Meanwhile, Nifty50 was down 172.65 points to open at 24,939.75 points.

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Indian share market closed on a weak note on Monday, reacting sharply to rising geopolitical tensions after the US-Iran conflict escalated over the weekend. Both benchmark indices faced strong selling pressure in the early trading session.

Experts highlighted that geopolitical conflicts often turn out to be good buying opportunities in the longer term.

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What Else For Share Market?

Ajay Bagga, Banking and market expert, told ANI, “Investors should remind themselves that geopolitical conflicts historically represent good buying opportunities. And so it will be for this Middle East conflict. It is not WWIII, no one wants that. Cash has good optionality in this situation, and it is good to keep some cash ready to deploy systematically if markets react downwards.”

In the commodity market, Brent Crude Oil prices surged over $78.38 per barrel. The spike came amid fears that the conflict could disrupt oil supply through the Strait of Hormuz, a key route for global oil transport.

Globally, the markets are under pressure after US President Donald Trump announced on Saturday that the US had launched airstrikes on three of Iran’s nuclear sites: Fordow, Natanz, and Esfahan. A “full payload of bombs” was dropped on Fordow, Trump said.

Market sentiment remained tense, with analysts warning of possible asymmetric retaliation by Iran. While the US dollar edged up, cryptocurrencies and gold remained largely flat. Markets remain volatile as missile attacks continue, and oil remains jittery with 24% of supply routes under threat.

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ABOUT THE AUTHOR

Akshat Mittal

Akshat Mittal

Akshat Mittal is a journalist with over 6 years of experience, focusing on business, technology, and the auto industry. He has covered key developments in these areas, helping readers stay up-to-date with the latest trends. Akshat holds a degree in Journalism from NIU and has worked with well-known media outlets like Inshorts and Legacy India Magazine. Before joining News24, he wrote business and political stories for several newspapers and magazines, contributing editorial and analytical pieces. At News24, all of Akshat’s articles go through a thorough fact-checking process to ensure accuracy. His commitment to delivering reliable information has made him a trusted source for readers. Outside of work, Akshat enjoys reading, writing, traveling, and following the latest in cars. You can connect with him on Twitter (@mittalakshat1) for updates or on LinkedIn for professional conversations.

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First published on: Jun 23, 2025 03:44 PM IST


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