New Delhi, March 5 -- The Iran-US conflict has sent shockwaves through Indian markets, pushing the rupee to a record low of 92.32 and driving crude oil past $80 per barrel. As the Nifty 50 shed 2.1% in just four days, foreign investors pulled out over Rs.11,700 crore, seeking safety in a strengthening dollar.
With the Strait of Hormuz blockade threatening energy supplies and squeezing margins for oil and chemical firms, investors are caught between gold's safe-haven appeal and rising macroeconomic headwinds.
Mintexplains what this nascent war and the resulting supply shocks mean for your portfolio and the road ahead for Indian equities.
Since the Iran-US war began on 28 February, equity markets worldwide have fallen.
The Nifty 50 inde...
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