Devastating war in the middle east

One of the most escalating war is now on between Israel + west against middle eastern countries. Probably the most dangerous in the last 50 years for Israel atleast.

While, short term will be seen in crude oil prices. What will happen to the equity markets needs to be seen. I’m not expecting too much of downside based on only this news but there can be sentimental weakness for some days at maximum.

Will other countries involve in this and escalate it further? That remains to be seen.

Overall very sad news for humanity as a whole.

2 Likes

Nifty and Previous Conflicts

Examining past Israel-Hamas conflicts and their impact on India’s stock market:

Source : Twitter

  • In 2008, during a 22-day Israeli offensive in Gaza, Nifty dropped by 2.85%.

  • In 2012, after Israel’s attack on Hamas’s military chief of staff, Nifty increased by approximately 4.98%.

  • In 2014, following a seven-week war, Nifty rose by about 4.5%.

  • In January 2023, when Gaza launched rocket fire on Israel, Nifty dipped by 2.50%.

Except for few sectors like OMCs and middle east focused players, not a major negative for our markets

Infact, defense stocks may do well

2 Likes

USA may try to escalate this war. Biden’s approval ratings are dropping as per surveys and he desparately needs something to divert people’s attention. First, Russia Ukraine war and now this. Just like our politicians use caste and religion to divert people’s attention, American politicians put two countries at war for the same purpose.

Very much possible

All these decades, there has never been a battle inside US. Almost all of them have come in other continent.

Will this decade change this? They have geographical advantage obviously but if they are get woke and weak, anything is possible

1 Like

but US makes money in the long run using the wars. selling arms

1 Like

Khalistanis can do that. Ab saanp ko dudh pilaoge to kabhi na kabhi to tumko bhi dasega hi. The entire west is doing that in the name of freedom of speech. Some day these khalistanis will create havoc in west itself. When? Nobody knows. Pak did same mistake with Islamic terrorists and see its condition now

1 Like

And they also have their own crude oil. So they are not worried about oil price increase due to war and geopolitical tension

It’s Iran who’s doing it. Biden is clean in it.

That’s not true for Israel, they can make their own weapons if they want.

1 Like

My statement has nothing to do with Israel. Generally the fear makes countries buy arms. not necessary the countries involved and infact US will take a side and give weapons for free to show the “support”

1 Like

I wish Israel gets all they need for the war. If America gives, that’s a good thing.

1 Like