Sensex, Nifty open deep in red as US-Iran exchange fire:Oil gains on Iran’s claim of closure of Strait of Hormuz

Sensex, Nifty opened deep in red on Thursday, 11 June, 2026 as the US and Iran exchanged fire on the backdrop of the resurgence of tensions in West Asia. The Sensex is trading at 73,600 with a fall of more than 300 points. Nifty has also fallen by 100 points, it is trading at the level of 23,100. IT, auto and banking shares have fallen the most. Tensions further increase between US and Iran Iran’s Islamic Revolutionary Guard Corps (IRGC) said the Strait of Hormuz will be “closed to all vessels” following new US strikes on Iran, warning that any ship attempting to pass through the waterway could be targeted, CNN reported. Oil gains on Iran’s claim of closure of Strait of Hormuz Oil prices climbed more than $2 ⁠a barrel on Thursday (June 11) as Iran declared the critical energy chokepoint, the Strait of Hormuz, closed after the US launched additional strikes against ‌Iran. Brent futures rose 1.73% to $94.83 a barrel, while US West Texas Intermediate (WTI) crude climbed 2.89% to $92.63. US crude futures gained more than $3 ‌earlier ⁠in the session. Asian markets mostly fall on Thursday US markets ended significantly lower overnight Foreign investors sold shares worth ₹2,125 crore on June 10 Note: FIIs and DIIs net buying/selling figures are in crores of rupees. Rupee rises Rupee falls 35 paise to 95.60 against the US dollar in early trade on Thursday. Markets saw mixed trading yesterday Earlier yesterday, that is on June 10, the stock market saw mixed trading. Sensex closed at 73,983 level, up 64 points. While Nifty saw a decline of 27 points, it closed at 23,215.