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The Economic Times

Business / The Economic Times

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Stocks, rupee become casualty of war amid weak sentiment

Indian equities experienced their steepest weekly loss in over a year, with the Nifty and Sensex falling significantly due to escalating West Asian conflict fears. Persistent foreign outflows and rising oil prices further pressured sentiment, causing the rupee to hit a record low despite central bank intervention. Analysts anticipate continued weakness unless a ceasefire is reached.

7 Mar 2026 7:20 am