Energy stocks drag Indian shares down after Israel strikes Iran
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 13 2025
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Source: Reuters
Market Decline: Indian shares fell significantly, with the Nifty 50 and BSE Sensex dropping 1.21% and 1.2% respectively, driven by losses in oil and gas sectors amid escalating tensions in the Middle East due to Israeli military strikes on Iran.
Impact of Geopolitical Events: The market sentiment was further dampened by an Air India plane crash that resulted in numerous fatalities, contributing to a broader selloff across all sectors, while safe havens like gold gained value amidst fears of supply disruptions in oil.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
