Has US-Iran deal erased Middle East pain for India inc?

 Global market jitters over Middle East tensions have eased following a US-Iran ceasefire, improving the outlook for Indian corporate profitability. Crisil Ratings now anticipates a smaller 100-basis-point decline in operating margins for fiscal 2027, down from a previous 200-basis-point estimate. While most sectors are expected to see minimal disruption, some like airlines and specialty chemicals remain under pressure due to persistent input cost challenges. Global market jitters over Middle East tensions have eased following a US-Iran ceasefire, improving the outlook for Indian corporate profitability. Crisil Ratings now anticipates a smaller 100-basis-point decline in operating margins for fiscal 2027, down from a previous 200-basis-point estimate. While most sectors are expected to see minimal disruption, some like airlines and specialty chemicals remain under pressure due to persistent input cost challenges.