Get In Touch

Markets shudder as oil rockets - 1% stock slide sparks fear of Geopolitical fallout!

    Share on

Global equity markets took a hit as geopolitical alarm bells sounded following Israel's strikes on Iran, sending crude oil soaring and shaking investor confidence. Indian indices fell nearly 1%, with the Sensex tumbling about 573 points and Nifty dipping below 24,750, as escalating tensions weighed heavily on sentiment in Asia.

Crude oil surged to nearly $75 per barrel, hitting its highest level in months on fears of disrupted supply from the Middle East. U.S. futures slumped over 1.5%, European shares dropped roughly 1%, and key Asian markets also posted losses - adding to the global sell-off .

Analysts point to a classic flight-to-safety scenario: investors dumping equities and flocking to safe-haven assets like gold and the U.S. dollar amid uncertainty. Additionally, rising oil adds inflationary pressure, potentially challenging central bank policy and growth forecasts .

With J.P. Morgan warning oil could surge to $120 per barrel in a worst-case regional conflict scenario, markets remain jittery. Traders are now closely watching Iran's response and central bank cues as this geopolitical flare-up unfolds.

Post a comment

Your email address will not be published. Required fields are marked *

Stock of the day : Coforge Ltd.!

Stock of the day : Coforge Ltd.!

Coforge shows strong long-term potential amid short-term weakness; analysts maintain 'Buy' as fundamentals remain solid...
What's behind today's Market dip? All eyes on Trump!

What's behind today's Market dip? All eyes on Trump!

Global stock markets dip as Trump threatens sweeping tariffs, including a potential 35% levy on...
Singapore airlines suffers shock market blow after deadly Air India crash in Ahmedabad!

Singapore airlines suffers shock market blow after deadly Air India...

Singapore Airlines' shares plunge unexpectedly after tragic Air India crash in Ahmedabad sparks panic and...
Stock of the day: ZEE Entertainment Enterprise ltd.

Stock of the day: ZEE Entertainment Enterprise ltd.

Zee Entertainment shares rose over 10% following cost-cutting, Zee5 breakeven roadmap, and ₹2,200 cr promoter...
Stock of the day: Havells India Ltd. !

Stock of the day: Havells India Ltd. !

Havells stock slumps on weak AC demand, rising competition in cables, and margin pressure prompting...
Stock of the day: Hindustan Aeronautics Limited (HAL)!

Stock of the day: Hindustan Aeronautics Limited (HAL)!

HAL gains traction after major Tejas wing handover, strong defense outlook, and bullish analyst targets...

Login

Don’t you have an account ?

Register