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Stocks To Watch For On March 2: Should Investors Bet On Energy Or Safe Havens Amid Iran-Israel Conflict? Check Details

Stocks To Watch For March 2: Investors should brace for a volatile Monday, March 1, as crude oil prices are likely to react sharply to geopolitical tensions in the Middle East. The recent US strike on Iran, the death of Iran's Supreme Leader Khamenei, and the temporary closure of the Strait of Hormuz are likely to trigger a surge in oil prices. This spike will have ripple effects across multiple sectors in India, from energy to tourism to gold-linked financials. Investors should closely track these specific stocks on Monday, as market experts expect them to respond sharply to renewed Iran–Israel tensions that are driving oil prices, likely to push prices of safe‑haven assets and leading to volatility across risk‑sensitive sectors. Breaking It DownPowered via AIHow might geopolitical tensions affect global inflation?What sectors might benefit from rising gold prices?What impact does the Strait of Hormuz have on oil prices?Oil-Sensitive Stocks In FocusStocks tied to crude oil will be closely watched at the start of the week.

Stocks To Watch For On March 2: Should Investors Bet On Energy Or Safe Havens Amid Iran-Israel Conflict? Check Details

Credit: Timesnownews

Key Highlights

  • Upstream oil explorers such as ONGC and Oil India stand to gain, with every one-dollar rise in crude prices potentially boosting their annual revenue by Rs 300–400 crore.
  • Conversely, downstream refiners including HPCL, BPCL, and Indian Oil may face pressure, as a one-dollar rise could reduce EBITDA by Rs 200–300 crore.
  • Other sectors relying heavily on crude derivatives, like paints and tyre manufacturers, are also likely to see margins squeezed if costs rise. Tourism Sector Faces DisruptionThe impact of the Iranian missile strikes overnight extends to tourism-linked companies.
  • Aviation players like IndiGo and SpiceJet, hotel chains such as Indian Hotels, and travel booking platforms like Yatra and Ixigo (Le Travenues Tech) are expected to feel the effects of flight cancellations and temporary airspace closures.
  • Dubai Airport, a key Middle Eastern hub, handles nearly 11.9 million passengers from India annually, making disruptions particularly significant.
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Sources

  1. Stocks To Watch For On March 2: Should Investors Bet On Energy Or Safe Havens Amid Iran-Israel Conflict? Check Details

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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