But the domestic market has yet to see any significant selling pressure as investors appear to be taking a wait-and-see approach to developments in the Middle East. However, several counters have already come under selling pressure, principally aviation and companies linked to the Middle East. As investors brace for uncertainties, the timeline for the Middle East conflict is expected to make up the main theme for at least the first half of the year. O>his sector has emerged as a clear winner in the past week as investors bet that global oil prices would remain elevated. “But the Middle East war and weakening of working capital loans are issues of possible concern,” it says in a March 5 note.

Source: The Edge Markets March 16, 2026 06:04 UTC