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The Economic Times

Markets / The Economic Times

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Nifty Bank falls 11% since start of Iran-Israel war: What lies ahead?

Escalating Middle East tensions and soaring crude oil prices are significantly impacting India's banking sector, pushing the Nifty Bank index down nearly 11% in March. Concerns over rupee depreciation, rising inflation, and potential disruptions to trade routes are fueling investor worries and leading to substantial FII selloffs, creating a bearish outlook for bank stocks.

13 Mar 2026 12:31 pm