West Asia Conflict Triggers Market Rout; Sensex Falls 8% in Two Weeks

Global markets witnessed sharp volatility after the February 27, 2026 US–Israel strike on Iran that escalated tensions across West Asia and sent crude oil prices above $100 per barrel. The geopolitical shock triggered broad selling in equities, with Indian markets also feeling the pressure. Between March 2 and March 14, the Sensex dropped nearly 8%, falling from around 83,287 to below 74,600 and losing over 6,700 points in just nine sessions. The sell-off was accompanied by strong FII outflows, rupee weakness, and rising inflation concerns as crude prices surged as much as 63% at peak levels. FII Data (March 2026): Cash Market: -₹56,883.22 Cr F&O Index: -₹21,592.31 Cr F&O Stocks: -₹3,485.87 Cr Oil-sensitive sectors faced the heaviest pressure. Aviation, paints, tyres, autos, and chemicals saw sustained declines due to rising input and fuel costs. Banking and PSU banks also weakened amid risk aversion and margin concerns. Among stocks,

fell up to 16%, dropped about 20%, while , , , , and declined between 8–16% during the broader market correction. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.