archiveisrael iran conflict

Stock Market

Tel Aviv Stock Exchange hit by Iran. Yet Israel’s stocks are surging. Why? – Firstpost

The stock market in Israel surged on Thursday as Iran continued its attacks on Israel and even damaged the Tel Aviv Stock Exchange (TASE). In times of uncertainty, the stock market often takes a beating. Why is it different in Israel then?read moreIsrael and Iran may at odds, but  no one seems to have told that to Tel Aviv’s stock market.In fact, the stock market in Israel surged as Iran continued its attacks on Israel and even hit the Tel Aviv Stock Exchange (TASE) with a missile.This came even as...
Currencies

How missiles in the Middle East dampen the India market- The Week

Escalating tensions between Israel and Iran pushed global oil prices up, leading to a decline in the Indian currency and the nation’s equity markets. Major market benchmarks, the BSE Sensex and the NSE Nifty fell by afternoon trade despite a brief recovery run during brunch hours. The Sensex lost more than 346 points to hit a day low of 81.237.01 while Nifty shed 102 points to a low of 24750.45 so far. TCS, Hindustan Unilever, Adani Ports, Bajaj Finserv, NTPC, HCL Tech, and Tata Motors led the laggards in the...
Currencies

Crude moves to dictate direction for Indian debt, rupee; RBI key for currency

By Dharamraj Dhutia and Nimesh Vora MUMBAI, June 16 (Reuters) - The direction of Indian government bonds and rupee this week will hinge on how the Israel-Iran conflict unfolds and its impact on crude oil prices, while the extent to which the central bank steps in to manage currency volatility will be crucial. Crude prices had soared on Friday following Israel's attack on Iran. On Monday, Brent crude jumped at open before pulling back. Brent, which climbed past $78 at open on Monday, was last at $74.78. The Israel-Iran conflict...