India’s share market indices, Sensex and Nifty50, ended the day’s trade in red on Thursday, June 19, 2025. The Sensex (index with top 30 firms) tumbled 82.79 points to close at 81,361.87 on Thursday. Meanwhile, Nifty50 (index with top 50 firms) was down 18.80 points to close at 24,793.25 points.
In the morning, the Sensex tumbled 40.72 points to open at 81,403.94. Meanwhile, Nifty50 was down 8.80 points to open at 24,803.25 points.
Indian share market closed on a weak note on Thursday, as investors are cautious about the prospects of a US strike and the uncertain nature of Iran’s response. Market experts have attributed the cautious sentiment to the possibility of an escalating conflict in the Middle East and fears of a direct US entry into the situation. If such a scenario unfolds, heavy selling pressure may be witnessed in global markets.
What Else For Share Market?
Ajay Bagga, Banking and Market Expert, told ANI, “Markets are raising the prospects of a US strike and the uncertain nature of Iran’s response to same. Indian markets are also pointing to a negative open on these global developments.”
He added, “Israel-Iran remains the big overhang on risk markets, with a US intervention being a big probability. That could lead to a spread in the scale and scope of the conflict, and Asian markets are in the negative this morning on the back of this.”
In the US, President Donald Trump held his second meeting in two days in the White House Situation Room with his National Security Council to assess possible options. While Trump’s core MAGA base opposes US intervention in foreign wars, a broader Republican segment supports a strike on Iran.
US markets were flat to negative on Wednesday, with the Federal Reserve keeping interest rates unchanged as expected. Fed Chair Jerome Powell mentioned in his speech that inflation may rise due to tariffs, and that the stable US economy and labour market do not warrant an immediate rate cut.
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