Nifty 500 Slides 1.20% as Broader Market Sees Heavy Sell-Off Amid Escalating Geopolitical Tensions
By Shishta Dutta | Updated at: Jun 14, 2025 05:28 PM IST
Mumbai, June 13: The Nifty 500 index experienced a sharp decline on Thursday, dropping 276.15 points, or 1.20 per cent, to 22,770.30 in early trade on June 13, as sentiment across the broader market turned decisively negative. Nearly all constituents ended in the red, indicating a widespread market correction.
This comes after geopolitical tensions in the Middle East, with Israel launching airstrikes on Iran, crude oil and gold prices surging, and yesterday’s tragedy of an Air India plane crashing just after takeoff.
Out of 503 stocks in the index, 494 stocks declined, while only 6 advanced, and 3 remained unchanged, highlighting intense profit-booking pressure across sectors.
Nifty 500: Key Movement Snapshot (Early trade on June 13th)
| Metric | Value |
|---|---|
| Previous Close | 23,046.45 |
| Opening | 22,631.70 |
| Day’s High | 22,712.15 |
| Day’s Low | 22,631.70 |
| Last Price | 22,770.30 |
| Point Change | -348.05 |
| % Change | -1.51% |
Sentiment and Outlook
The prevailing market mood is characterised by risk aversion, as traders opted to book profits following a recent uptrend. The slide below the 23,000 mark in Nifty 500 reflects weak global cues, particularly the escalating geopolitical tensions in the Middle East, and cautious investor behaviour ahead of upcoming key economic data releases and global central bank meetings.
Despite the current volatility, analysts maintain a constructive view on mid- and long-term prospects for the Nifty 500, citing strong domestic growth fundamentals as a supportive factor. However, near-term volatility is expected to persist as global uncertainties continue to influence market movements.
What’s Ahead?
The Nifty 500 may continue to face near-term volatility amid rising global tensions and cautious investor sentiment. Any further escalation in geopolitical events or a spike in crude prices could weigh on the index. However, strong domestic fundamentals and earnings momentum may provide support over the medium term. Investors are likely to remain selective and focus on high-quality stocks as global cues remain uncertain. It remains to be seen how the index performs throughout the day until the close of today’s market session.
With the index still significantly above its year low, analysts expect near-term volatility but maintain a constructive view on mid- and long-term prospects supported by domestic growth fundamentals.
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