Market Pulse – The Risk, The war-driven volatility

Market Pulse – The Risk, The war-driven volatility

The war-driven volatility has created a tense atmosphere for equity markets, but it has also created room for rotational plays. While sectors like defence, energy, and commodities may continue to gain favour.

Disclaimer:

Note: We have relied on data from http://www.definedgesecurities.com throughout this article. Only in cases where the data was unavailable have we used an alternate but widely used and accepted source of information.

The purpose of this article is only to share interesting charts, data points and thought-provoking opinions. It is NOT a recommendation. If you wish to consider an investment, you are strongly advised to consult your advisor. This article is strictly for educative purposes only.

Benchmark indices ended in the red for a second session on June 13, weighed down by rising tensions in the Middle East after Israel’s military strikes on Iran, but a recovery helped the markets close off day's low.

At close, the Sensex was down 573.38 points or 0.70 percent at 81,118.60, and the Nifty was down 169.60 points or 0.68 percent at 24,718.60. The broader indices outperformed with BSE mid and smallcap indices down 0.3 percent each. For the week, BSE Sensex fell 1.3 percent and Nifty shed 1 percent.

GIFT Nifty (Gains)

The GIFT Nifty is trading higher at around 24,781, indicating a positive start for the day.

Asian Equities (Mixed)

Asian markets were trading mostly higher on Monday, as investors assessed escalating Israel-Iran tensions, while awaiting a slew of data from China.