New Delhi, May 19 -- Since the start of the US-Iran war in late February, Indian markets have come under sustained pressure, with investors grappling with rising crude oil prices, a depreciating rupee, and persistent foreign fund outflows. The Nifty 50 has declined around 6-7% during this period, while Brent crude has surged more than 52% to around $110 per barrel as of Tuesday, 19 May. At the same time, the rupee has weakened nearly 6% against the US dollar, reflecting mounting stress on India's external position.

While oil prices fell slightly after US President Donald Trump announced he had cancelled a planned strike on Iran at the request of Gulf allies, the ongoing uncertainty over the conflict and the Strait of Hormuz continues to ...