New Delhi, June 23 -- When fear over India-Pakistan conflict has dissipated, there is a new war in Iran that started Sunday, while Russia-Ukraine war has been going on for over three years now, and Israel-Palestine conflict, too, continues.

Amid so much of geopolitical tension growing in the wake of Israel-Iran war, investors are likely to be circumspect. When there is uncertainty in the rest of the world, one can see optimism in defensive stocks and sectors which are likely to do well regardless of conflicts. "When there is an uncertainty in the rest of the world, investors can invest in the defensive sectors such as healthcare, pharma, FMCG and consumer durables," says Sridharan S., founder of Wealth Ladder Direct.

I. Pharmaceuticals ...