Indian stock markets plunged to an 11-month low on Thursday, with the Nifty and Sensex dropping around 1% each. Surging crude oil prices, driven by US-Iran conflict fears, spooked investors, mirroring past market downturns. Analysts warn of continued volatility and potential further declines until oil prices stabilize, though a rebound is possible in oversold conditions.
Mid, smallcaps likely to outperform in September; Nifty seen range-bound: Analysts
September historically favors mid- and small-cap stocks over large-caps. Analysts anticipate this trend continuing, expecting limited upside for the Nifty. Heavyweight sectors show recent weakness,