Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly affect the economy due to heavy reliance on GCC for energy and remittances. Foreign investors are currently favoring other Asian markets with stronger earnings growth, delaying their return to India.
These stocks defy market volatility, extend rally beyond US-Iran ceasefire
The US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October, the Nifty 50 index exhibited