Iran Israel War has a direct connection with these stocks, your earnings may be affected. Iran Israel Crisis share market

Share Market

There is a possibility of a decline in the stock market due to the outbreak of war between Iran and Israel, which can have a direct impact on your earnings. In fact, Iran launched its first direct attack on Israel with explosive drones and missiles, which posed a threat to security and peace in the Gulf region. At the same time, the stock market had also recently touched its all-time high. However, now investors may face a shock amid Iran-Israel tension.

Amidst the war between the two countries, investors may resort to panic selling and volatility may increase in global stock markets. In such a situation, today we are going to tell you which stocks will be in focus amid the Iran-Israel war.

Adani Ports

Adani Ports may be affected by the outbreak of war between Iran and Israel. Actually, Adani Ports owns Haifa Port in northern Israel. It completed the purchase in January 2024 for approximately US$1.03 billion and operates the port with a local partner. Although the war between the two countries has not yet affected the port in any way, but if the tension increases then this port may be affected.

Sun Pharma

Taro, a subsidiary of Sun Pharma, is an Israeli company. If some employees are potentially called to active duty in the war, it could impact production to some extent. However, it is unlikely to have a major impact on Sun Parma’s overall consolidated financials.

Oil Marketing Company Stocks

If the tension between Iran and Israel continues to increase, then crude oil prices are expected to potentially reach $ 100 per barrel in the coming time. This can have a direct impact on the shares of oil market companies (OMC) like Hindustan Petroleum Corporation (HPCL), Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL).

OMCs import crude oil to meet the country’s demand for petroleum products. As crude oil prices rise, they have to spend more on imports.

paint stocks

Whenever crude oil prices rise, the paint sector suffers huge losses because crude oil derivatives are used in the manufacturing of paints. If tensions increase in the Middle East and crude oil prices exceed $ 100 per barrel, then the stocks of paint companies like Akzo Nobel India, Berger Paints, Indigo Paints and Shalimar Paints may be affected.

tire stocks

The tire industry uses crude oil derivatives to manufacture synthetic rubber. Due to this, many tire stocks including MRF, CEAT, Apollo Tyres, JK Tires and Goodyear Tire & Rubber India will be in focus. The increase in the price of crude oil will affect the margins of these companies.

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Brijesh Pratap
Brijesh Pratap

Hi, I am Brijesh Pratap, a content creator and WordPress website designer, I have been in content writing for more than 3 years. I specialize in creating engaging articles. As a WordPress expert, I design websites for businesses and bloggers, aiming for both visual appeal and impactful content. Join me on this journey of creative exploration and effective online solutions.

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