Mumbai, June 13 -- Domestic equity benchmarks ended sharply lower today as rising geopolitical tensions rattled investor sentiment. The sell-off followed reports of Israeli military strikes on Iran, stoking fears of broader conflict in the oil-rich Middle East and pushing crude oil prices higher. The nervousness spilled across global markets, triggering widespread risk-off mood. Back home, the Nifty slipped below the 24,750 mark, weighed down by losses in banking and FMCG stocks.
The S&P BSE Sensex slumped 573.38 points or 0.70% to 81,118.60. The Nifty 50 index fell 169.60 points or 0.68% to 24,718.60. The 50-unit index has fallen 1.68% in two consecutive sessions.
Adani Ports & Special Economic Zone (down 2.71%), HDFC Bank (down 1.15%)...
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