Markets react to Middle East tensions; Sensex up 150 points
Indian stock markets had a rollercoaster Tuesday, jumping early on hopes of a ceasefire between Iran and Israel and falling oil prices, but losing steam as fresh tensions flared.
Still, the Sensex closed up 158 points at 82,055 and the Nifty rose 72 points to finish at 25,044.
FIIs sold ₹1,874 crore worth stocks
Big swings like these show how global events—especially in the Middle East—can shake up our markets.
Lower crude prices contributed to initial market gains.
Indian institutional investors stepped in with heavy buying (₹5,592 crore), even as foreign investors pulled money out (₹1,874 crore), showing confidence despite all the uncertainty.
Day of big sectoral moves
Optimism from ceasefire talks and cheaper oil gave stocks an early lift. But renewed missile strikes quickly brought back caution, leading to profit-taking.
Sectors like ports, steel, and financials did well; specific companies in power and tech lagged behind.
Basically: it's a reminder that world news can move your money—even if you're just starting out with investing.