$100 crude gives Rs 20 lakh crore shock to Nifty bulls this week. Best time to buy the fear?

March 13, 2026

Crude oil above $100 has wiped out Rs 20 lakh crore in equity wealth, hammering markets in India as the Iran conflict escalates. The rupee hit a record low, and FIIs continue to sell, yet experts and Axis Mutual Fund argue the panic may be creating a rare long-term buying window.

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