
Stockbox
June 13, 2025 at 03:13 AM
📉 Markets Slide 1% Amid West Asia Tensions and Crude Oil Surge
Indian markets fell sharply on Thursday as geopolitical tensions flared in West Asia.
Brent crude spiked 4% after the US withdrew personnel due to regional security threats.
Reports suggest Israel may launch an attack on Iran, fueling further uncertainty.
Sensex plunged 823 pts to 81,692; Nifty dropped 253 pts to 24,888.
Afternoon sentiment dipped further following a plane crash (unrelated to markets).
FPIs sold shares worth ₹3,831 crore, while DIIs bought ₹9,394 crore, including a major block deal in Asian Paints.
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🥦 Retail Inflation Falls to 6-Year Low at 2.82% in May
CPI inflation eased to 2.82%, the lowest in over 6 years, down from 3.16% in April.
The drop was led by a sharp fall in food inflation to 0.99% from 1.78%.
Data was released by the National Statistics Office (NSO).