Indian equities experienced their steepest weekly loss in over a year, with the Nifty and Sensex falling significantly due to escalating West Asian conflict fears. Persistent foreign outflows and rising oil prices further pressured sentiment, causing the rupee to hit a record low despite central bank intervention. Analysts anticipate continued weakness unless a ceasefire is reached.
These stocks defy market volatility, extend rally beyond US-Iran ceasefire
The US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October, the Nifty 50 index exhibited