Sensex fell 511 points on Monday amid heightened Middle East tensions after US strikes on Iran. Oil price spikes and global uncertainty spooked investors, though selective buying supported mid and smallcap stocks. Global markets reflected mixed sentiment on the conflict.

The Nifty Bank index was trading 0.54 per cent down at 55949.05.

In the Nifty pack, 11 stocks were trading in the green, while 39 stocks were trading in the red.

Shares of small finance banks (SFBs) jumped up to 6% on Monday after the RBI relaxed priority sector lending (PSL) norms, lowering the mandatory target from 75% to 60% starting FY26. ESAF SFB led the rally with a 6% gain, followed by Ujjivan, Utkarsh, Equitas, Suryoday, Jana, and AU SFB, all posting solid intraday gains.

The Nifty Pharma index was trading 0.28 per cent down at 21551.7.

The Nifty Realty index was trading 0.22 per cent down at 1011.45.

In the Nifty50 index, 4 stocks were trading in the green, while 46 stocks were in the red.

Aditya Birla Lifestyle Brands Limited (ABLBL) commenced trading on the BSE and NSE following its demerger from Aditya Birla Fashion and Retail Limited (ABFRL). Motilal Oswal initiated coverage with a Neutral rating, anticipating revenue growth driven by retail expansion and emerging brands.

As of June 20, there was a notable surge in futures open interest for five stocks in the NSE F&O pack, contributing to a total increase in open interest of over 15% as compared to the previous trade.

Stock Market Crash Today: Indian markets traded lower, mirroring Asian peers, due to escalating Middle East tensions following U.S. airstrikes in Iran, which led to a surge in crude oil prices. IT stocks also faced pressure after Accenture's sell-off, further contributing to the market decline. Concerns over inflation and potential delays in Fed rate cuts added to the negative sentiment.

Foreign institutional investors have aggressively sold off nearly 1 lakh crore in Indian equities across six key sectors, including IT and FMCG, over the past six months. This pullback reflects concerns about high valuations, global macro uncertainties, and potential earnings downgrades. Telecom and financials are notable exceptions, attracting FII inflows amidst this broad de-risking trend.

Godrej Properties share price: Godrej Properties reported over Rs 2,000 crore in sales from the launch of its township project, Godrej MSR City, in North Bengaluru. The first phase saw 1,450 homes sold. The strong response highlights robust demand and reinforces the company's presence in the Bengaluru market.

The US FDA issued a Form 483 observation for its Telangana API facility. While not a final non-compliance verdict, the company plans a timely response. The facility is key for paracetamol API production. The stock has fallen 19% YTD but remains a Strong Buy.

Indian markets are expected to open lower on Monday after U.S. airstrikes on Irans nuclear sites heightened geopolitical tensions. Despite Nifty futures closing 1.18% higher on Friday, experts now see a broader trading range of 24,60025,600. Analysts recommend stocks like BEL, Persistent Systems, and MCX for short-term gains, with the index needing to hold above 25,000 for further upside.

YES Bank shares will be in focus after the lender announced a one-time settlement (OTS) for a non-performing asset (NPA), resulting in a recovery of Rs 201 crore. The borrower paid the amount in full and final settlement. The net recovery exceeded the materiality threshold under SEBIs amended Listing Regulations, prompting a disclosure under Regulation 30.

Zen Tech share price: Zen Technologies board has approved acquiring a 54.67% stake in defence tech firm TISA Aerospace, which specialises in loitering munitions and UAVs. The Rs 6.56 crore deal marks Zens strategic expansion into advanced drone warfare technologies, boosting its defence capabilities.

Despite midweek dips, the Sensex gained 1.6% over five sessions ending June 20. Ten BSE-listed companies posted gains each day, led by Blue Pearl Agriventures 28% surge.

The 30-share BSE Sensex closed up 1046.3 points at 82408.17