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Market Plunge: Nifty 50 Drops 2.5% Today, 10% Since US-Iran Conflict, 14% From Peak; Future Outlook?
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Markets Crash 2.5%: Nifty 50 Down 10% Since US-Iran War, 14% From Lifetime High
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Moneycontrol
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23-03-2026, 11:48
Markets Crash 2.5%: Nifty 50 Down 10% Since US-Iran War, 14% From Lifetime High
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Sensex and Nifty plunged sharply today, tracking weak global cues amid escalating West Asia conflict.
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Nifty 50 has declined 10% since the US-Iran war began and is 14% down from its lifetime high.
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Rising crude oil prices and threats to the Strait of Hormuz fuel concerns over global energy supply disruptions.
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Volatility index surged 15% to 26, its highest since early June 2024, indicating market uncertainty.
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Rupee hit a record low of 93.94 against the US dollar, pressured by crude prices and foreign fund outflows.
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