Iran Israel Conflict Impact on Stock Market: America and Israel have jointly attacked Iran. Missiles have also been fired from Iran into Israel. Due to this, there may be movement in the global markets. Experts believe that this development may also put pressure on the Indian stock market.
There is a possibility of increased selling by investors. At present, the market is keeping an eye on the possible reaction of Iran, because the further direction will largely depend on how long this tension continues….
Crude oil prices may rise
This situation arising in Iran may affect the prices of crude oil. Because Iran is among the major oil producing countries of the world. In war-like situations the supply chain may be disrupted. Due to which, problems may arise in big oil importing countries including India. Oil prices may rise due to supply interruption. Which will have a direct impact on the country’s economy. Increase in prices of things is also possible.
The recent price of crude oil is around $67 per barrel. The mood of the stock market is also likely to deteriorate due to rising oil prices. Investors can be cautious and make investment strategies, due to which there is a possibility of increasing pressure on the market.
Which sectors may be impacted the most?
The rise in crude oil prices can have an immediate impact on some sectors. Oil marketing companies will be most affected. Due to which we may also see a rise in the prices of petrol and diesel. Due to which there will be a possibility of inflation increasing.
Apart from this, sharp movements can be seen in the shares of paint manufacturing companies, aviation companies and petrochemicals related companies. Experts believe that, in this uncertain environment, there may be strong fluctuations in the stock market in the coming few weeks.
Also read: Complete mathematics of trade between India and Iran, know which things are included in this list?
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