Indian equity benchmarks slip as Israeli strikes on Iran spook markets
Friday, June 13, 2025       13:51 WIB

Jun 13, 2025, 13:38 GMT+7
(Reuters) -Nifty 50,Sensexslip 0.85% each in broad decline as escalating tensions in oil-rich Middle East spook investors
** Twelve of 13 major sectors decline; broader smallcapsand midcapsshed 0.4% each
** Asian markets fall, with MSCI Asia ex-Japan losing 1%
** Meanwhile, crudesurges 9% after Israel's strikes on Iran escalated geopolitical tensions, raised supply concerns
** "Any disruption in the Middle East could hurt several key Indian sectors, including oil marketing companies, paints, automobile and cement industries," says Naveen Vyas, senior vice president, Anand Rathi Finance
** If tensions further escalate, domestic markets will see immediate setback, three analysts say
** Domestic oil refiners fall; upstream oil cos gain on crude's surge
** Interglobe Aviation,SpiceJetslide after Thursday's fatal Air India crash that killed more than 240 people

Sumber : Reuters

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