Market Impact of Israel-Iran Conflict: A Focus on BANKNIFTY
Given the current geopolitical scenario, BANKNIFTY may face downward pressure. We can expect that if tensions persist, BANKNIFTY could potentially fall to its next psychological level of 51,000[4]. Investors are advised to remain cautious and consider defensive sectors like pharmaceuticals and FMCG during this period of uncertainty so plan your trades accordingly.
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