Middle East war wreaked havoc in the stock market, Sensex opened with a fall of 800 points, Nifty also slipped by 286 points.

Share Market Crash Today 08 June 2026: The war between Israel and Iran has started once again in the Middle East. Its effect was clearly visible on the stock market. As soon as the market opened on Monday, there was a huge fall in both the major indices. On Monday, BSE Sensex opened with a decline of 718 points at 73,421.61, while NSE Nifty also saw a decline of about 250 points, Nifty is trading at 23,118.45.

The war between Israel and Iran is believed to be the reason behind this decline. Iran and Hezbollah together Late Sunday night, drone and missile attacks were carried out on many areas of Israel. War started once again in the Middle East. Israel has also retaliated in response to Iran’s attack. Due to this, investors have become cautious and selling pressure was seen in the market. The market is likely to fall further during trading.

Which sector shares were affected?

Selling is being seen in the stock market on Monday. Talking about sector wise shares, realty, metal, auto and information technology (IT) shares are under pressure. Realty shares have fallen by about 2 percent. At the same time, a decline of more than 1 percent each has been recorded in the metal, auto and IT sectors. Among the Nifty companies, Wipro, TCS, Tata Steel, Hindalco Industries, JSW Steel, Bajaj Finance and Shriram Finance were the major losers.

Midcap and smallcap shares also declined

Talking about market cap, there has been a weakness of about 1 percent each in Nifty Midcap 100, Midcap 150 and Smallcap index. Market fluctuations suddenly increased a lot. Amidst the fall in all the stocks, India VIX (Volatility Index) has jumped by almost 15 percent and is trading around the level of 18.

How was the condition of international markets?

If we talk about other Asian markets apart from India, a negative trend was seen in most of them. Japan’s Nikkei fell by about 4 percent, South Korea’s Kospi fell by 5 percent and Hong Kong’s Hang Seng fell by about 1 percent.

Also read- Share Market Outlook: Will the blow of rise or fall return, how will the market be on Monday; These factors will decide the move

Crude oil prices rise

The effect of tension in the Middle East was also visible in the price of crude oil. Crude oil prices have increased on Monday. International benchmark Brent crude jumped 4 percent to $96.90 a barrel. Similarly, US WTI was trading at $94.75, up 4.64 per cent.