Geopolitical Shock Sends Markets Lower

Rising geopolitical tensions linked to Iran have unsettled global markets, dragging key Indian sectors into the red. Oil marketing companies (OMCs) such as

, , and Indian Oil Corporation fell up to 4% as crude oil prices surged sharply. Higher crude prices are expected to squeeze refining and marketing margins, dampening earnings outlooks. Meanwhile, metal stocks like Hindustan Copper Limited declined amid fears of supply disruptions from West Asia. Fertiliser companies, including Rashtriya Chemicals & Fertilizers Limited, also slipped due to rising input costs. Overall, markets remain volatile as investors turn cautious amid uncertainty. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.