On June 13, 2025, Indian equity markets experienced a significant downturn, with the BSE Sensex falling over 1,100 points and the Nifty 50 dropping below 24,650. This sharp decline was primarily attributed to escalating geopolitical tensions following Israel’s military strikes on Iranian nuclear facilities, which led to a surge in global oil prices and heightened investor anxiety. economictimes.indiatimes.com+1timesofindia.indiatimes.com+1reuters.com+1economictimes.indiatimes.com+1

All 13 sectoral indices on the NSE recorded losses, with energy stocks like BPCL, HPCL, and Indian Oil each falling approximately 3.5%. Aviation stocks also suffered, with InterGlobe Aviation and SpiceJet losing around 4% each. The market volatility was further exacerbated by a tragic Air India crash in Ahmedabad, resulting in the loss of nearly all 242 passengers and crew