Search+Business News›Markets›Stocks›News›Long-term investing: The only play in today’s market; 5 large-caps from different sectors with upside potential of up to 33%Investment IdeasSynopsisBelligerence is back. Both the US and Iran are hitting each other and the statements from both sides do not auger well for a peace deal. The only positive is that the back channel talks are still apparently on, and no one is outrightly dismissing the possibility of a deal. The latest Gulf flare-up should normally be very bad news for the Indian markets. But the way they have been reacting bears a closer look.The shooting down of a US helicopter has sparked tit-for-tat strikes by the US and Iran in what is clearly the worst escalation since their ceasefire began in April. It is anybody’s guess where this will end.Where the Indian markets are concerned, one would normally have expected a sharp drawdown as the tensions rose in the Gulf region. The markets, however, have been holding their own, with the indices trading in a range.There could be two ETMarkets.com 15 mins read, Last Updated: Jun 11, 2026, 05:31:00 PM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership