Israel-Iran news, US Fed meeting among 5 key triggers for Indian stock market in coming week

A flare-up in tensions between Israel and Iran, persistent uncertainty around the US tariff policy, and foreign capital outflows weighed heavily on the Indian stock market last week. The benchmark Nifty 50 closed at 24,718.60, down 0.68 per cent, on Friday. HDFC Bank, Reliance Industries, ITC, ICICI Bank, and SBI were among the top drags on the index. For the week ended June 13, the Nifty 50 declined 1.14 per cent, while the Sensex fell 1.30 per cent. Broader market also declined but they still outperformed. The BSE Midcap index fell 0.90 per cent, while the BSE Smallcap slipped 0.13 per cent. "The Indian equity market witnessed heightened volatility last week, ultimately closing in the red. Early optimism, driven by progress in US–China trade negotiations, was overshadowed by escalating geopolitical tensions after Israel launched a strike on Iran’s nuclear facilities. This development sparked a global risk-off sentiment, leading to a rally in safe-haven assets such as gold and US bonds Source - Mint