The war between Israel-Hamas has created a sorrowful movement for citizens of those countries and has shown some impact on the Indian Stock Market which is quite concerning for the investors.
Nifty 50 was down by -4% from October 6 to October 26 but after that, Nifty 50 surged +3.11% till now. By the way, The impact of this war will not be seen much in the Indian stock market, although some stocks may be affected by it.
So in this brief post, we will provide you with some details about the stock that can be seen affected by the Israel-Hamas war. Well, It is good to have a little market correction because after the correction the market rises very fast which is very beneficial for investors.
Impacts of the Israel-Hamas War on the Indian Stock Market
Well as I mentioned there will be no direct impact on the stock market due to this war. However, some stocks have maintained very good trade relations with Israel, due to which there will be a decline in their growth and share price.
Mainly the company which has good business trade with Israel is going to be impacted due to this situation. So, some of the stocks that can be impacted by this are as follows –
- Sun Pharma
- Adani Ports
- Kalyan Jewellers
- Titan
- NMDC
- Ircon International Ltd
- RVNL
- Jupiter Wagons Ltd
- Dr Reddy’s
- Lupin
- Torrent Pharma
Conclusion
That’s it for this post, hope you have gotten some idea about the Impacts of the Israel-Hamas War on the Indian Stock Market. If you have loved this post then don’t forget to share it with your friends so that they can also get some idea about it.
As we can see, how many people are losing their lives due to this situation. And how selfish are we investors? Even in this situation, we may be thinking about our benefits. And what more can we endure? We can only pray that this war should be ended as soon as possible.
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