Indian equities extended losses as escalating US-Iran tensions pushed crude prices higher, dampening investor sentiment. Rising US bond yields and a stronger dollar have triggered risk-off behaviour among foreign investors. Analysts say volatility may persist, though selective value-buying opportunities could emerge for long-term investors amid geopolitical uncertainty and market weakness.
Nifty slide may extend to 23,535 but mean-reversion bounce possible, says Anand James
Nifty’s breach below its 200-day moving average intensifies correction fears, with geopolitical tensions and weak global cues weighing on sentiment. Geojit Investments’ Anand James outlines
March 9, 2026