New Delhi, April 14 -- Indian stock markets have been under pressure in the previous quarter, mainly on the back of the US-Iran war, which started at the end of February and still continues, leading to a surge in crude oil prices, raising inflationary concerns. Before that, in late January and early February as well, the markets witnessed a strong sell-off amid AI-led disruption worries.

India's top investors used these sharp market corrections in the March quarter to selectively accumulate small-cap and beaten-down stocks, signalling conviction in niche opportunities even as broader market sentiment remained weak.

The Nifty declined over 10% during the period, with sharper cuts in the broader market, prompting seasoned investors to dep...