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Crude shocks loom as US joins Iran-Israel war
Business Standard
|June 23, 2025
Markets may see increased volatility
Investors may have to brace for heightened volatility on Monday, following the US military's direct involvement in the Iran-Israel conflict over the weekend.
Analysts expect benchmark indices Sensex and Nifty to correct by 1-1.5 per cent if crude oil prices spike and Asian markets react negatively to the escalating tensions in West Asia. However, sustained buying by domestic institutional investors (DIIs) could help cushion the blow. Last week, Indian equities gained over 1.5 per cent despite rising hostilities between Iran and Israel.
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