Indian equity markets are currently under pressure due to rising geopolitical tensions, particularly the escalating conflict involving Iran, Israel, and the United States. The benchmark Nifty 50 has declined nearly 10% from its 52-week high, while the broader market has been hit even harder, with the Nifty Microcap 250 index falling around 18%. Notably, about 26 microcap stocks have dropped more than 50% from their 52-week highs.
Fear levels of March 2020? Iran war gives Nifty its worst month since the dreaded Covid crash
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
March 13, 2026