Investors brace for a surge in oil prices, pressure on stocks and volatility across financial markets after the U.S. bombs Iran's nuclear sites.

Stock indices across Australia, Japan, Korea, mainland China, Hong Kong and Korea fell up to 0.90 per cent. Gift Nifty was down 21 points or 0.08 per cent at 25,001.50, hinting at a muted start for the market.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,986 level, a discount of 125.7 points from the Nifty futures’ previous close.