Nifty Bank Index

Market Impact of Israel-Iran Conflict: A Focus on BANKNIFTY

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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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