Israel’s air strikes on Iran, followed by the Islamic Republic’s retaliation, rippled through markets Friday, prompting traders to pile into options for protection amid ongoing questions of long the conflict can last.

The benchmark indices rallied on Monday despite the ongoing war between Iran and Israel. Sensex jumped 677 points to 81,796, while the broader Nifty closed 228 points higher at 24,946. Investor wealth rose by Rs 3 lakh crore to Rs 450.18 lakh crore on BSE today against Rs 447.21 lakh crore on Friday.

US markets closed in red on June 11, 2025, influenced by modest inflation, a U.S.-China trade truce, and rising oil prices from Middle East tensions.

What is the biggest US crypto news today? JPMorgan says an attack on Iran could spike oil prices to $120, driving US CPI inflation to 5%.

The S&P 500 closed higher on Thursday (June 12), buoyed by a strong rally in Oracle shares and a favourable inflation report that supported sentiment in the tech sector. The benchmark index rose 0.38% to end at 6,