Indian consumer durable stocks head for worst day in 14 months as Mideast tensions escalate

Voltas

19/03/2026 08:57

** Indian consumer durable stocks drop about 3.1% after Iran's attacks on several energy facilities across Middle East region

** Nifty Consumer Durables .NIFCODU set for its worst day since January 2025, if losses hold

** Electronics manufacturing service provider PG Electroplast PGEL.NS falls most, down 5.4%, followed by air conditioning manufacturer Voltas' VOLT.NS 4.3% drop

** All 15 members of the consumer durables index trade in the red

** Last week, AC makers flagged production risks amid West Asia war-driven LPG shortage

** Consumer durables index has dropped 7.8% since end-February, when the conflict began; blue-chip Nifty 50 .NSEI index has fallen 8.1% in that period

(Reporting by Nandan Mandayam in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))