Indian Stocks Under Pressure Amid Israel-Iran Tension: Adani Port, TCS, Wipro, Infosys, LT, SBI Shares Falling

The escalating conflict between Israel and Iran has started to ripple across global markets and India is no exception. As geopolitical tensions in the Middle East intensify, several Indian companies with deep business and investment links to Israel are experiencing the economic and strategic fallout. From port infrastructure to IT services and pharmaceuticals, the crisis is affecting stock market performance, operational security, and investor sentiment.

Adani Ports: Directly Affected by Israel and Iran Tension

One of the most directly affected companies is Adani Ports and Special Economic Zone Ltd. (APSEZ). In January 2023, Adani Ports acquired a 70% stake in Haifa Port, one of Israel's largest and most strategic seaports. The acquisition, made in partnership with Israel's Gadot Group, was valued at approximately $1.18 billion. The Haifa Port handles nearly 30% of Israel's imports and is also located near key military infrastructure, making it a critical national asset for Israel.

However, this strategic investment has now turned into a source of risk. Iran launched multiple ballistic missiles targeting Haifa recently, raising serious concerns about the safety and continuity of operations at the port. While Adani Ports has officially stated that the Haifa Port remains safe and fully operational, investor concerns are growing amid fears of collateral damage or prolonged disruption.

As a result, Adani Ports' stock has dropped by nearly 10% in just 10 days.

Adani Ports Share Price Today

NSE: ADANIPORTS: As of 1:05 PM on June 23, 2025, Adani Ports and Special Economic Zone Ltd was trading at Rs 1,361.40, showing an increase of Rs 12.10 or 0.90% for the day.

The stock opened the first trading session of the week at Rs 1,341.00, reached a high of Rs 1,364.90, and touched a low of Rs 1,335.70 during intraday trading. Over the past 52 weeks, the stock has recorded a high of Rs 1,604.95 and a low of Rs 995.65.

Indian IT Majors: TCS, Wipro, Tech Mahindra Stocks

The Indian IT sector, which has a strong presence in Israel through various contracts and partnerships, is also seeing the effects of the rising tensions. Tata Consultancy Services (TCS), a key player in Israel's digital infrastructure transformation, is particularly vulnerable. TCS is working on several large-scale government projects in Israel, including the critical Project Nimbus, a cloud migration and data protection initiative aimed at securing Israel's government systems.

Other major IT firms such as Wipro, Infosys, and Tech Mahindra also have important projects or client engagements in Israel. While details are limited, Bloomberg reports suggest that all of these companies are taking a conservative, watchful approach, with their stock movements reflecting subdued investor confidence amid the crisis.

TCS Share Price Today

As of 1:10 PM on June 23, 2025, shares of TCS were trading at Rs 3,388.50, marking a decline of Rs 47.20 or 1.37% for the day.

The stock opened the session at Rs 3,415.00, reached a high of Rs 3,425.00, and dipped to a low of Rs 3,370.00 during intraday trade. Over the last 52 weeks, TCS has traded between a low of Rs 3,056.05 and a high of Rs 4,592.25.

Wipro Share Price Today

At 1:13 PM on June 23, 2025, Wipro Ltd was trading at Rs 263.40, down by Rs 3.14 or about 1.18% for the day. The stock is showing signs of weakness.

Infosys Share Price Today

As of 1:16 PM on June 23, 2025, shares of Infosys Ltd were trading at Rs 1,585.40, marking a sharp decline of Rs 37.50, or 2.31% for the day.

Tech Mahindra Share Price Today

At 1:18 PM on June 23, 2025, the share price of Tech Mahindra Ltd stood at Rs 1,685.60, registering a decline of Rs 10.50, or 0.62% during the day's trade.

Broader Impact on Nifty Indices: SBI, L&T and Others Under Scrutiny

Beyond IT and infrastructure, other Indian giants like the State Bank of India (SBI) and Larsen & Toubro (L&T) also have business or strategic exposure to Israel. SBI's international operations, especially in trade finance and cross-border banking, may face disruptions due to payment uncertainties or financial restrictions in the region.

SBI Share Price Today

On June 23 at 1.20 PM, shares of State Bank of India had slipped to Rs 791.75, down Rs 4.40 or 0.55% from the previous close.

Larsen & Tourbo Share Price Today

L&T, known for its engineering and defense projects, has also engaged in infrastructure ventures in Israel, and may face delays or project revisions depending on how the situation unfolds.

As of the today's latest session, Larsen and Toubro Ltd (NSE: LT) is trading at Rs 3,594.40, marking a decline of Rs 67.60, or approximately 1.85% for the day.

Pharma Sector Stocks Watching Closely: Sun Pharma, Dr. Reddy's, Lupin Share Price Today

The pharmaceutical sector is another area with ties to Israel. Sun Pharmaceutical Industries, India's largest pharma company, owns a majority stake in Taro Pharmaceutical, an Israeli drugmaker.

Generic drugmakers Dr. Reddy's Laboratories and Lupin also have business partnerships with Teva Pharmaceutical, Israel's largest pharma company. Teva is a global player in the generic drug market, and disruptions to its production or logistics could create ripple effects for its Indian collaborators.

Dr. Reddy Share Price Today

As of 1:29 PM on June 23, 2025, shares of Dr. Reddy's Laboratories Ltd were trading at Rs 1,321.70, down by Rs 3.60 or 0.27% for the day.

Other Companies in Spotlight: NMDC, Kalyan Jewellers, Titan Stocks To Watch

Interestingly, the Israel-Iran conflict has even touched companies not typically associated with geopolitical risks. NMDC, India's state-owned mining and mineral company, has minor yet strategic trade links with Israeli technology firms in the mining sector. Meanwhile, Kalyan Jewellers and Titan, two prominent players in India's jewellery and luxury goods space, have procurement or partnership links with Israeli diamond and gem suppliers. Any disruption to Israel's exports, especially in the gemstone sector could lead to supply issues or increased costs.