Fear levels of March 2020? Iran war gives Nifty its worst month since the dreaded Covid crash

March 13, 2026

Indian equities are suffering their worst month since the Covid crash as the Iran war, $100 crude and heavy FII selling hammer sentiment. Despite the slide, fund houses like Bajaj Finserv AMC and Axis Mutual Fund say strong earnings and resilient fundamentals in India may steady markets once geopolitics stabilise.

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