Nifty Bank falls 11% since start of Iran-Israel war: What lies ahead?

Escalating Middle East tensions and soaring crude oil prices are significantly impacting India's banking sector, pushing the Nifty Bank index down nearly 11% in March. Concerns over rupee depreciation, rising inflation, and potential disruptions to trade routes are fueling investor worries and leading to substantial FII selloffs, creating a bearish outlook for bank stocks.