US-Iran war: Ports and logistics stocks crack up to 10% today as war in Middle East intensifies - News Summed Up

US-Iran war: Ports and logistics stocks crack up to 10% today as war in Middle East intensifies


Stock Market today: Logistics as well as port stocks declined up to 10% in intra-day deals on Monday, March 2, as global tensions flared sharply over the weekend. The situation deteriorated rapidly over the weekend as joint US-Israeli strikes hit multiple strategic and military targets across Iranian territory. In response, Tehran launched retaliatory missile barrages directed at Israel and American military facilities across the region. The combined market capitalisation of companies listed on the BSE contracted by nearly ₹5 lakh crore, declining to ₹458.60 lakh crore compared with ₹463.50 lakh crore in the previous session. This is the takeaway from the market behaviour after the recent crises like the Covid crisis, Russia-Ukraine war and the Gaza conflict.


Source: Mint March 02, 2026 05:48 UTC



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