Geojit Financial Services Ltd

💼 Even though the US bombing of Iran’s three nuclear facilities has worsened the crisis in West Asia, the impact on the market is likely to be limited. 💼 The uncertain factor now is the timing and nature of the Iranian response. 💼 If Iran targets and damages the US defence facilities in the region or hurts US military personnel seriously, the US response can be huge and this might further worsen the crisis. 💼 But the market assessment is that there are limits to what Iran can do against the US and Israel. 💼 That’s why the early market responses – crude prices, US futures, and the absence of panic in Asian markets – have been muted. 💼 Even though the possibility of the closure of Hormuz Strait is a threat, it is important to understand that this has always been only a threat and the Strait had never been closed. 💼 The fact is that the closure of Hormuz Strait will harm Iran and Iran’s friend China more than anyone else. 💼 The market construct continues to favour a ‘buy on dips’ strategy. . . . #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets