Copyright © HT Digital Streams Limit all rights reserved. Ram Sahgal 3 min Read 16 Jun 2025, 06:00 AM IST tension among traders was tangible with fear meter India VIX which rose 10% over two days of the conflict. The summary Brent has been averaged $ 79 over the past two years, Bloomberg showed, but the latest conflict between Iran and Israel could have a greater impact than the Ukraine Russia War, which has raged since February 2022. Israel and Iran threatened the territory at their worst direct conflict, which threatened to ignite the ramps of the Rample India. Based on NSE Weekly Options data on Friday, Nifty criterion could deviate in a series of 24340-25060 this week, with a prejudice to the bottom of the series. The Nifty closed at 24718.60 points on Friday, with a 14% recovery of a low of more than 21743.65 on April 7. With oil rising by 7% on Friday and likely to escalate more than the conflict, markets can visit the worse, analysts said. The Nifty can open a percentage lower on Monday. “Indian stock markets, such as their global counterparts, will have to support a challenging week ahead, as both sides cause attacks on each other’s area, including on energy assets,” said Gquant Investech founder Shankar Sharma. “Rough can rise more after Friday’s rally as hostilities increase and injure Indian stocks.” Benchmark Indices Nifty and Sensex fell 1.7% each to 24718.6 and 81118.6 on two days to Friday, after Israel attacked Iran’s core and military facilities a day earlier. The attack invited a serious retaliation of the latter and increased Brent -Ru price by 7% to $ 74.2 a barrel, most in five months. Read also | Bloomberg data has shown, but the latest outbreak can have a greater impact than the Ukraine Russian War, which may have since February 2022, can hold the cost of Iran-Israel Conflict Stalls delays. Narrow waterway carrying 100 million vessels every day, or fifth of the global oil demand. India imported more than four fifths of its oil consumption of 5.5 million barrels per day last year, according to Oil Cartel Opec, making it vulnerable to the supply interruptions. “Our markets can see a greater correction as oil rises further because of the conflict,” said Chandan Taparia, senior vice president (head of derivatives and technical research) at Motilal Owal Financial Services. Taparia believes that the Nifty can fall to 24200-24300 this week, which can work squares with the bottom of the series 24340-25060 option that traders work this week. Option sellers sold the Nifty 24700 strike call on Friday and expired on June 19. They received £ 720 a share (75 shares make a contract) for this. So they baked in a 720 point series for the market – 360 from 24700 to 24340 – and 360 higher than 24700 to 25060. Read it | India is concerned about the disruption of crude oil offering in the street of hormuz as prices rise after Israel’s attacks on Iran agreed Rohit Srivastava, founder of the analysis firm Indiacharts, who said the market-wide quantum of overall options for call options (indexes plus stock) sold on March 3 on March 3, On March 3, this year, there is a multi-year of 0.65, on March 3 this year, and there is a multi-year of 0.65, on March 3, this year, submit. For a steeper correction from Friday’s closure. Srivastava explained that traders in a clumsy setup tend to sell more wells than call options for the fear of a correction, which can expose it to huge losses as prices rise as the markets fall. A ratio of 0.75 means that traders only sold Marketwide for every 100 calls sold on Friday. In a bullish market selling traders 90 wells for every 100 calls sold, he explained. The tension among traders was tangible with the fear of India VIX with 10% over two days of the conflict until 15.08 Friday, according to the NSE data. The VIX rises as uncertainty increases. Foreign portfolio investors (FPIs) have the sale of Nifty and Bank Nifty Futures Contracts with 17660 contracts on a cumulative 104.209 contracts over two days to Friday. These sales serve as hedging against losses to their portfolios in the case of a market fall. And read | Israel’s war on Iran to hit the Indian Workforce FPI cash sales over Thursday Friday was at £ 4539 crore. Domestic Institutional Investors, including mutual funds, net purchased shares worth £ 12,435 over these two days. However, a large part of this – £ 7703 – was Thursday due to a cross agreement in Asian paint and nearly £ 1900 in jubilant group businesses. FPI actions take on meaning, according to their total stock assets, which stood at £ 71.26 trillion from May 31, according to NSDL. This compared to the net assets of mutual funds under the supervision of £ 43.4 trillion on the same date, according to the Association of Mutual Funds of India (AMFI). Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #stock Market Read Next Story
Here is how the war in West Asia takes its toll on Indian shares
