India, Oct. 12 -- Amundi Investment Institute sees a potential recovery in Indian equities if the US-Iran conflict ends, with lower crude oil prices and improving investor sentiment offering relief after a steep market selloff.

An end to the Iran war could prove a turning point for Indian stock markets, given the country's dependence on oil imports, according to Amundi Investment Institute, the research arm of French asset manager Amundi SA.

Alessia Berardi, head of global macroeconomics and emerging markets strategy at the institute, said she was optimistic about the outlook for Indian equities, citing improving private investment and economic indicators.

"I'm quite positive," Berardi said in an interview in Mumbai last week, adding t...