SENSEX
NIFTY
GOLD
USD/INR

Weather

image 23    C

Business News

The Economic Times

Business / The Economic Times

details

Iran war deepens correction risk: Is Nifty headed toward the 21,000 zone?

Indian equities remain under pressure amid West Asia tensions, with Nifty slipping sharply from recent highs. Analysts see the 21,00022,000 zone as a potential bottom, backed by technical patterns, valuations, and Fibonacci levels. While short-term rebounds are possible, weak momentum, FII outflows, and rising oil prices suggest volatility may persist, prompting investors to adopt a phased, long-term approach.

17 Mar 2026 12:16 pm