US-Israel attacks on Iran: Investors lose Rs 6.59 lakh crore as Sensex tumbles

Key Highlights

• It later ended at 80,238.85, down 1,048.34 points or 1.29 per cent.
• The market capitalisation of BSE-listed companies eroded by Rs 6,59,978.08 crore to Rs 4,56,90,693.19 crore (USD 5 trillion).
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• Saudi signals military response after Iran’s Aramco oil refinery strike "Indian equities witnessed a sharp decline as escalating tensions in West Asia triggered a pronounced risk-off response.
• Markets reacted to US and Israeli strikes on Iran and subsequent regional retaliation, prompting a flight to safe-haven assets," Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, said.