Liquefied natural gas company shares are falling sharply. Qatar, a major gas supplier to India, has stopped production. This follows an Iranian drone attack on its facility. The West Asia crisis is escalating, impacting global energy markets. India faces significant disruption to its LNG imports. This could lead to higher costs and potential supply cuts for consumers.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen