Stock Markets To React Negatively Amid US-Iran Tension : Analysts

New Delhi : Stock markets will react negatively on Monday due to the escalating crisis in the Middle East, and the impact on equities will depend on how long the conflict lasts, analysts said. The US and Israel attacked Iran on Saturday. Iranian state media confirmed early Sunday that Iran’s Supreme Leader Ayatollah Ali Khamenei was killed in the attack. Besides, geopolitical situation, macroeconomic data announcements, global market trends, and trading activity of foreign investors would also influence investors’ sentiment in a holiday-shortened week ahead. Equity markets would remain closed on Tuesday for Holi. Sentiment has turned even more fragile…