Brutal bears ahead? What to expect for Sensex, Nifty as Trump’s ultimatum fires up Iran-US war by ET Markets | March 23, 2026 3:04 pm | Indian Stocks, Market, News Escalating Iran tensions and oil above $110 have triggered a risk-off selloff in Indian markets, with Sensex crashing and Rs 13 lakh crore wiped out amid FII outflows, rupee weakness, and rising inflation fears.