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Despite regional nations’ attempts at mediation, Brent prices have increased by more than 50% since March and are still rising. In a report released on Friday, Macquarie cautioned that if the battle continues until June, oil prices might reach $200 per barrel, with a 40% chance.

On Monday, March 30, IRB Infrastructure Developers Ltd. shares are scheduled to trade adjusted for the bonus issue of shares. Last month, the business announced the bonus problem.

With the Iran-backed Houthis joining the battle over the weekend and an increased US military involvement raising the possibility of a protracted conflict, Asian equities fell and commodity prices rose as tensions in West Asia escalated.

GIFTNifty lower indicates a gap-down start for the Indian market

In reaction to Iran’s strikes on two important West Asian production facilities, aluminium prices in international markets increased by as much as 6% on Monday, March 30. This further threatened to disrupt supply in a region that contributes significantly to global output.

Some of the stocks to watch today include Coal India, JSW Steel, Gujarat Fluorochemicals, RailTel and more.

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