Nifty 50 down 7% year-to-date: Should investors be worried about the second-order impact of the US-Iran war? by Live mint | April 23, 2026 12:09 pm | Indian Stocks, Market, News The Nifty 50 index has declined 7% so far this year. Experts warn that while initial impacts of the US-Iran war are manageable, prolonged tensions may trigger significant second-order effects on inflation and corporate earnings.