These stocks have direct connection with Israel-Iran Tension
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Israel-Iran Tension: The war between Iran and Israel has started. To stop this war, many countries of the world tried their best on different fronts. But, on April 13, Iran attacked Israel with explosive drones and missiles. Due to this, a big threat is looming on the security and peace of the entire Gulf country. It is understood that the impact of this war will be seen on the entire world including India. Both Iran and Israel have investments in India. Whereas, Indian industrialist Gautam Adani has a major investment in Israel. This can cause selling in the Indian stock market. Also, this may increase volatility in the global stock market. In such a situation, we are giving you information about some such stocks which are directly related to Iran and Israel.
Adani Ports
A major investment of Indian industrialist Gautam Adani is in Haifa Port in northern Israel. He bought this port in January this year for about 1.03 billion US dollars. However, they operate the port there with a local partner. Even at the beginning of the Israel-Palestine war, there was a big fall in the stock of this company. However, so far this port does not seem to be affected by the war.
Also Read: Petrol and diesel prices updated from Delhi to Ranchi, crude oil prices will be affected.
Sun Pharma
Taro, a subsidiary of Sun Pharma, is an Israeli company. It is understood that if the clouds of war deepen, many employees of the company will be called for active duty in the war. However, according to experts, it does not seem to have much impact on the overall financial position of Sun Pharma.
Oil and Gas Marketing Company
After Iran jumps into active war, the crude oil and gas produced in Gulf countries will be affected. It is understood that in the next few days the price of crude oil may reach the level of $ 100 per barrel. This is likely to have a direct impact on oil selling companies like Hindustan Petroleum Corporation (HPCL), Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL).
stocks of paints companies
There is a direct impact of oil prices on the stocks of paints companies. Crude oil derivatives are used in the manufacturing of paint. So today, erger Paints, Indigo Paints And Shalimar Paints There may be pressure in the prices of etc.
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