Share Market Crash / market has been hit twice, after plane crash now Iran Israel war has left it bloodied

Share Market Crash: On June 13, 2025, the Indian stock market opened in the shadow of a double disaster - on the one hand, the heartbreaking Air India plane crash in Ahmedabad, and on the other hand, the growing war crisis between Israel and Iran in the Middle East. Both these incidents not only shook the sentiments of investors, but also sharply changed the direction of the market downwards.

Sensex and Nifty fell sharply as soon as they opened

The market looked blood-soaked as soon as it opened. The Sensex opened with a massive fall of 1,264 points at 80,427, while the Nifty dived 415 points to touch the level of 24,473. Already in the pre-opening session, there were signs of a huge fall in the market, which made it clear that the day's trading was going to be stressful.

Deep impact of Ahmedabad plane crash on aviation sector

The crash of Air India flight AI-318 created an atmosphere of fear in the entire aviation sector. Almost all of the 242 passengers died in the accident, which is considered to be the worst plane accident of the last decade. Its effect was clearly visible on the shares of aviation companies:

IndiGo's share fell 3.31% to close at Rs 5446.35.

SpiceJet fell 2.40% and closed at Rs 44.40.

IndiGo fell to Rs 5420 and SpiceJet to Rs 44.29 in the initial hours after the accident.

Middle East crisis affected global markets

• The news of Israel's alleged airstrike on Iran has brought geopolitical tensions to a peak. This confrontation not only caused concern in global markets, but also shook Asian markets including India.
• Iran, a major oil producing country, and after the attack, crude oil prices rose by 11% to above $ 76 a barrel - the highest level in two months.
• This increased energy cost and the fear of a jump in inflation put the market under further pressure.
• Investors preferred to buy gold in search of safe investment options, which also led to a jump in the prices of this metal.

All 30 Sensex stocks in red

The market breadth remained extremely weak. Shares of all 30 Sensex companies started trading with losses. Out of Nifty 50, only one company's stock opened in the green, the rest 49 companies registered a decline. The biggest decline of 2.77% was seen in Larsen & Toubro.

Major reasons for decline

• Israel-Iran tension: Volatility and risk sentiment increased among global investors.
• Rise in oil prices: This is a big blow to India's economy dependent on energy imports.
• Plane accident: Investors' concerns increased in aviation and travel sector.
• Strength in dollar index and weakness in rupee: Indian market became less attractive for foreign investors.