Stock market today, June 23 -- Rising tensions in the Middle East appear to have caught the attention of overseas investors, who turned bearish on the Indian stock market in June after two consecutive months of net purchases. FPIs have alternated between buying and selling so far this month but have largely stayed on the sidelines in most sessions, withdrawing Rs.4,192 crore through exchanges, according to NSDL data.

The escalating conflict between Iran and Israel - with the U.S. now officially entering the war by launching attacks on Iran alongside Israel - has brought fresh concerns to Indian stock market, impacting the sentiment of overseas investors, especially as Indian stock market are already viewed as expensive compared to other ...