With two hours left in today’s session, Nifty 50 has slipped to 24,080 and Sensex is down over 450 points as escalating US-Iran tensions send Brent crude toward $85 a barrel. Gold and silver are catching a safe-haven bid while Bitcoin and Ethereum extend their slide ahead of tomorrow’s US inflation data. Here’s your 2 PM markets update.
📈 Afternoon Session: Market Snapshot
As of 1:00 PM IST, the Nifty 50 was down 141 points (0.58%) to trade at 24,080, while the Sensex fell 460 points (0.60%) to 77,153. The mood turned cautious as the US-Iran standoff intensified and Brent crude futures jumped to a one-month high near $85 a barrel, raising fears of renewed pressure on India’s import bill and inflation outlook. Nifty Financial Services, Nifty Auto, Nifty PSU Bank and Nifty Realty were the worst-hit sectors, while Nifty Pharma and Nifty Healthcare bucked the trend to trade higher, acting as defensive plays in an otherwise risk-off session. FIIs extended their selling streak, offloading ₹3,062 crore worth of shares in Monday’s session, while DIIs cushioned the fall with purchases worth ₹2,172 crore — today’s official FII/DII numbers will only be out after market close.
₿ Crypto at 2 PM — Live Prices
Bitcoin is trading around ₹59.6 lakh (~$62,475), down close to 2% over the last 24 hours, while Ethereum has slipped to roughly ₹1.71 lakh (~$1,774) as major cryptocurrencies broadly shed 2% or more. Market sentiment remains firmly in the “Extreme Fear” zone, with total crypto market cap near $2.23 trillion. Traders are repositioning ahead of Tuesday’s US CPI print and Fed Chair Kevin Warsh’s congressional testimony, both of which could shape bets on a potential July rate hike.
💰 Live Rates — 2 PM IST
| Asset | Price | Change |
|---|---|---|
| Nifty 50 | 24,080 | -0.58% |
| Sensex | 77,153 | -0.60% |
| Bitcoin (BTC) | ₹59.6L / $62,475 | ~-2% (24hr) |
| Ethereum (ETH) | ₹1.71L / $1,774 | ~-2% (24hr) |
| Gold (10g, MCX) | ₹1.40L+ | +0.46% |
| Silver (1kg, MCX) | ₹2.18L+ | +0.32% |
| USD/INR | ₹96.29 | +0.41% |
| Crude Oil (Brent) | ~$85 (1-month high) | Sharply higher |
📰 Top 5 Financial News Stories of the Day
- Sensex, Nifty slide as US-Iran crisis escalates — Renewed US strikes and rising Middle East tension have rattled global risk sentiment, dragging Indian benchmarks lower for a second straight session and threatening to derail the FPI interest that had returned after a four-month selloff.
- Brent crude spikes to one-month high near $85/barrel — Fears of supply disruption from the Gulf have pushed oil sharply higher, a direct headwind for India as a major crude importer, with knock-on effects for the rupee, inflation and corporate input costs.
- Gold and silver rally on safe-haven demand — MCX gold climbed over ₹650 to trade above ₹1.40 lakh per 10 grams, while silver surged nearly ₹700 to above ₹2.18 lakh per kg, as investors rotated into bullion amid the geopolitical uncertainty and elevated oil prices.
- Bitcoin, Ethereum extend losses as Fed rate-hike bets build — Crypto markets stayed in “Extreme Fear” territory as traders priced in a greater chance of a July Fed rate hike ahead of Tuesday’s inflation report and Fed Chair Kevin Warsh’s testimony, pulling major tokens down 2% or more.
- Rupee slips past 96/dollar as crude costs bite — The USD/INR pair rose 0.41% to 96.29, pressured by the jump in oil prices and broad risk-off flows, adding another variable for the RBI to watch alongside sticky retail inflation, which stood at 4.38% in the latest reading.
🌐 Global Markets & Tomorrow’s Outlook
GIFT Nifty futures had already signalled a weak open, dropping over 180 points ahead of Tuesday’s session on negative Asian cues tied to the US-Iran standoff. The key overnight triggers to watch are the US CPI print and Fed Chair Kevin Warsh’s congressional testimony, both likely to move rate-cut/rate-hike expectations and, by extension, global risk appetite. Domestically, attention is shifting to the start of the Q1 FY27 earnings season, which analysts expect to be the key catalyst limiting further downside and driving stock-specific action over the coming sessions. Indian investors should watch crude oil levels and any de-escalation headlines from the Middle East as the most immediate swing factors for tomorrow’s open.
Data sourced from live market feeds. Last updated: 2:00 PM IST, 14 July 2026. This is for informational purposes only and not investment advice.
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