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Heavy Stock Market Slump Amid Israel-Iran War; Defense Stocks Rally

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Market Turmoil Takes Center Stage

Monday saw deep declines across global and Indian stock markets as escalating tension between Israel and Iran sparked a wave of investor anxiety and sell-offs. The BSE Sensex plunged sharply, wiping off significant investor wealth amid broad-based selling pressure.

Escalating geopolitical risk, driven by joint military strikes involving Israel, the U.S., and Iran, triggered sharp declines in major indices worldwide. U.S. stock futures were down, while oil and gold futures climbed due to rising uncertainty.

Why Markets Fell

Heightened fears of a prolonged Middle East conflict pushed investors toward safe havens like commodities and gold, while equities — especially cyclical sectors such as travel, banking, and logistics — bore the brunt of selling pressure.

In India, both the Sensex and Nifty retreated more than 1%, with panic selling accelerating in early trades. Investors pulled money from risk assets as regional tensions intensified.

Defense Sector Defies Downtrend

Despite the overall equity slump, defense stocks bucked the broader market trend and gained attention from traders. With rising geopolitical risk, investors rotated into defense stocks anticipating increased global defense spending and export opportunities.

Shares of major defense firms saw robust gains, with several stocks rising by double-digit percentages as investors positioned for potential demand growth in military hardware.

Global Market Context

Across developed markets, the Middle East conflict has rippled into energy prices, shipping disruptions, and broader economic uncertainty. Surging oil prices have raised inflation concerns, driving bond yields higher while hitting equities in travel and banking.

Analyst Take

Market analysts believe volatility will remain high until clarity emerges over the duration and scale of the conflict. While defense stocks may continue to benefit from risk-off flows, broader markets could experience further turbulence if oil prices climb or the conflict expands.

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