The Indian equity markets ended the week in the red as escalating geopolitical tensions and global economic uncertainty weighed on investor confidence. The US-Iran conflict, Israeli military strikes, and nervousness over US-China trade talks triggered widespread selling. The Sensex dropped by 1,070.39 points (1.30%) to close at 81,118.60, while the Nifty 50 fell 284.45 points (1.14%) to settle at 24,718.60.
Despite the fall, the BSE Mid-Cap and Small-Cap indices showed relative strength, losing only 0.90% and 0.13%, respectively.
The week started with optimism but ended sharply lower following geopolitical flare-ups and fears of rising crude oil prices. India’s CPI inflation cooled to 2.82% in May—the lowest since 2019—led by easing food prices.
Among stock movers: HDFC Bank fell after an FIR; MCX gained on SEBI’s green light; Glenmark soared on drug launch; M&M and JSW Steel dropped despite healthy output.
Global cues were mixed with China, UK, and Japan showing economic strain, while US inflation rose moderately.
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