The Indian equity indices erased all the previous week gains, losing 1 percent in the volatile week ended June 13 amid geopolitical tensions after Israel strikes on Iran, which led to sharp jump in crude oil prices and uncertainty over the US-China trade negotiations. However, 75-month low CPI inflation and progress of monsoon provided some relief to the Indian markets.

For the week, the BSE Sensex index shed 1,070.39 points or 1.3 percent to end at 81,118.60, and Nifty50 fell 284.45 points or 1.13 percent to close at 24,718.60.

The BSE Large-cap Index lost 1 percent dragged by United Spirits, IDBI Bank, Indian Railway Finance Corporation, Swiggy, Indian Overseas Bank, Eternal, Union Bank of India, Adani Ports and Special Economic Zone, Jindal Steel & Power, Macrotech Developers. However, gainers included Tech Mahindra, Oil and Natural Gas Corporation, Wipro, Hyundai Motor India, LTIMindtree, Grasim Industries, HCL Technologies, Dr Reddy's Laboratories.

BSE Mid-cap Index shed 1 percent. Losers included Brainbees Solutions, One 97 Communications (Paytm), Kalyan Jewellers India, Nippon Life India Asset Management, GMR Airports, Relaxo Footwears, Mazagon Dock Shipbuilders, Container Corporation of India, Godrej Industries, Indian Hotels Company, Indraprastha Gas, Star Health & Allied Insurance Company, Rail Vikas Nigam, SJVN. However, gainers included Oil India, Zee Entertainment Enterprises, Inventurus Knowledge Solutions, Oracle Financial Services Software, Biocon, Muthoot Finance, The Ramco Cements, Max Healthcare Institute, Glenmark Pharma.

The BSE Small-cap index ended on flat note. Advait Energy Transitions, Rattanindia Enterprises, SMC Global Securities, GOCL Corporation, Suratwwala Business Group, Motisons Jewellers, Electrosteel Castings, Expleo Solutions, Dhani Services, Somany Ceramics added between 20-28 percent, while Sadhana Nitrochem, Orient Cement, Deccan Gold Mines, Harsha Engineers International, Cupid lost between 10-22 percent.

On the sectoral, Nifty Realty index fell 3 percent, Nifty PSU Bank index down 2.3 percent, Nifty FMCG shed 2 percent, Nifty Bank fell nearly 2 percent and Nifty Metal index declined 1.5 percent. However, Nifty Information Technology index added 3 percent and Nifty Media, Pharma indices rose more than 1 percent each.

In this week, HDFC Bank lost the most in terms of market value, followed by ICICI Bank, Reliance Industries, State Bank of India. On the other hand, Tata Consultancy Services, HCL Technologies, Infosys added the most of their market-cap. 

The Foreign Institutional Investors (FIIs) extended their selling in fourth straight week as they sold equities worth Rs 1,246.51 crore. On the other hand, Domestic Institutional Investors (DII) continued their buying in eight consecutive week as they bought equities worth Rs 18,637.29 crore.

The Indian rupee extended the fall on third consecutive week, as it ended lower by 46 paise at 86.09 per dollar on June 13 against the June 6 closing of 85.63.