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Business Jun 14, 2025

Sensex plummets 573 points amid foreign fund sell-off

Indian stock markets dropped sharply on Friday—Sensex lost 573 points and Nifty fell nearly 170—as news broke of Israel's airstrikes on Iran. Oil prices also spiked by up to 10%, adding to the jitters.

TL;DR

Sensex crashes 573 points

Geopolitical drama like this can shake up your investments or even impact prices of everyday stuff. The selloff hit all sectors, with PSU banks and FMCG stocks especially struggling. Foreign investors pulled out money, but domestic funds tried to soften the blow.

Oil at $100/bbl will hurt global growth: Morgan Stanley

Rising oil prices hurt companies that rely on fuel, like airlines and manufacturers. Meanwhile, gold prices jumped as people looked for safer places to park their money—a classic move when things feel uncertain globally.