Iran conflict escalates market volatility across five critical sectors. Indian stock indices tumbled with Sensex dropping 1,187 points and Nifty falling 519 points as geopolitical tensions intensify. Airlines including IndiGo and SpiceJet face severe headwinds from 350 cancelled international flights and airspace closures. Crude oil surged 383 points to 6,475, with Brent crude trading at 78-80 dollars per barrel, pressuring downstream and upstream oil stocks like Reliance, ONGC, IOC, BPCL, HPCL and GAIL India. Insurance companies confront rising aviation war-risk premiums amid widespread flight cancellations. Shipping operations near the Strait of Hormuz have stalled with 150 tankers anchored in Gulf waters, threatening energy supply chains. Energy-intensive industries including logistics, paints and chemicals face margin compression from elevated input costs.
