Market Turmoil: ₹20 Lakh Cr Wiped Out in 5 Days Amid Middle East Tensions

• Indian stock market lost ₹20 lakh crores in market capitalization over 5 days due to escalating Middle East tensions and rising crude oil prices.
• Nifty plunged 5%, while the Indian Rupee hit a record low of 92.43 against the dollar; Foreign Institutional Investors withdrew ₹52,000 crores this month.
• Experts like N. Arunagiri suggest the major price damage might be over, advising careful, gradual investment for long-term opportunities.
• Axis Mutual Fund and White Oak Capital recommend maintaining discipline, diversified investments, and patience, noting market declines are often temporary.
• The pharmaceutical sector shows resilience and benefits from a weakening rupee, as pharma companies are largely exporters.