Middle East war sparks India market crash: $240 billion wealth wiped out in just one week

Mar 16, 2026 - 08:30
Middle East war sparks India market crash: $240 billion wealth wiped out in just one week

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Geopolitical tensions in the Middle East have sent shockwaves through India's stock markets, erasing an estimated $240 billion in investor wealth. Soaring oil prices and foreign investor withdrawals amplified the sell-off, impacting sectors from banking to automobiles. Experts urge calm, noting historical market resilience post-crises but future direction hinges on Iran vs US-Israel war de-escalation.

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