Given the ongoing geopolitical tensions between Iran and Israel, analysts predict that Monday, April 15, will see more volatility in the Indian stock markets. Investors will continue to watch the events between the two countries this week, so the market could be affected.
Following Iran's strike on Israel overnight on Sunday, investors are predicted to be cautious as they manage the geopolitical tensions between the two nations.
"The rising 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, in an interview with news agency ANI.
In response to concerns about postponed US rate reduction, rising Middle East tensions pushing up oil prices, and muted Q4 earnings estimates, he stated, "Indian markets may consolidate."
Although the increasing hostilities between Iran and Israel are "not something positive" for the stock markets, according to Kotak Securities executive vice president Shrikant Chauhan, the increased volatility is "still manageable" as long as other nations stay out of the way.
It is a negative development for global equity markets. It is still manageable as long as it is between Israel and Iran, but it will get worse if additional nations join them. Nevertheless, our markets are robust and are capable of stopping around the Nifty's 22000 psychological support level, according to Chauhan.
.jpg)
