Middle East conflict sends Dalal Street into panic: Iran vs US-Israel war sparks India market crash; sensex, Nifty slide as $240 billion investor wealth wiped out in just one week
Geopolitical tensions in the Middle East have sent shockwaves through India's stock markets, erasing an estimated $240 billion in investor wealth. Soaring oil prices and foreign investor withdrawals amplified the sell-off, impacting sectors from banking to automobiles. Experts urge calm, noting historical market resilience post-crises but future direction hinges on Iran vs US-Israel war de-escalation.
Geopolitical tensions in the Middle East have sent shockwaves through India's stock markets, erasing an estimated $240 billion in investor wealth. Soaring oil prices and foreign investor withdrawals amplified the sell-off, impacting sectors from banking to automobiles. Experts urge calm, noting historical market resilience post-crises but future direction hinges on Iran vs US-Israel war de-escalation.
