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Volatility expected in Indian stock market amid Israel-Iran tension: Analysts

02:18 AM Apr 15, 2024 IST | IANS
volatility expected in indian stock market amid israel iran tension  analysts
German arms sales to Israel challenged at the UN’s Highest Court --- Representational Image
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Mumbai, Apr 14: The Indian stock market is anticipated to adopt a cautious stance on Monday following the escalation of tensions between Israel and Iran. Investors will closely monitor the unfolding geopolitical situation in Western Asia, with the market bracing for the potential effect of the ongoing tensions in the region.

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Analysts anticipate that the Indian stock market may experience heightened volatility as investors navigate through the evolving geopolitical landscape.

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"The escalating geopolitical tensions in the Middle East, alongside supply concerns, have propelled crude prices upward, impacting overall market sentiment" said Vinod Nair, Head of Research at Geojit Financial Services. He further added "Indian markets may consolidate amidst worries over delayed US rate cuts, escalating Middle East tensions driving oil prices up, and subdued Q4 earnings projections".

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The escalation of tensions between Israel and Iran has raised geopolitical risks, with market participants assessing the potential implications for regional stability and global economic dynamics. As a result, the Indian stock market may experience fluctuations in response to geopolitical developments.

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