Iran-Israel tension: Will Iran-Israel war shake Indian market? Gold, silver, oil and which other sectors will see a surge
Israel-Iran Conflict Affects Indian Market: Tensions have escalated in the Middle East. Israel and the United States have launched a series of attacks. Experts believe this war will be prolonged. The outbreak of this war has alarmed investors worldwide, including India. Why are investors so apprehensive, and what impact will it have on India? Let's find out.
Stock markets worldwide may see a significant decline
The potential for war between Iran and Israel has been looming since Friday, February 27th, but the conflict has now reached a dangerous turning point. Experts believe that stock markets worldwide, including India, may see a significant decline on Monday. The extent of this decline will be determined by investor sentiment and selling pressure. Meanwhile, a media report claims that due to this sentiment, the Sensex closed down by 961 points, or 1.17%, and the Nifty by 317 points, or 1.25%.
Demand for precious metals may increase rapidly
It has been observed that whenever a global war or war-like situation arises, investors turn to safe-haven assets to avoid risk. In such an environment, the demand for precious metals like gold and silver increases rapidly, leading to a surge in their prices. Given current international developments, there are signs of strength in the bullion market once again.
Crude oil prices will also be affected
Several reports, quoting experts, claim that a sharp rise in crude oil prices is expected amid the ongoing tensions in the Middle East, which could increase pressure on inflation. Many countries, including India, import large quantities of crude oil through the Strait of Hormuz. In the event of war, this vital sea route could be disrupted, impacting supplies.