How Israel-Hamas war has created an opportunity for investors to grab large-cap stocks
Putting aside the likely short- and medium-term impact of war on the stock market, it is pertinent to note that despite potential volatility, there is a growing trend of bargain hunting, said Vinod Nair of Geojit
Israel–Hamas war: When the Israel–Hamas conflict started on 7th Oct, Saturday, a kneejerk reaction was feared on the Monday opening; but both the global and Indian markets experienced a mild shift. However, the Indian market recovered from the sluggish start during the week, surpassing the closing mark of the preceding Friday on October 6th, with a positive trajectory. This resurgence can be attributed to the growing agreement that the conflict is effectively contained and not likely to extend beyond local boundaries.
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