Indian households saw an erosion of nearly Rs 12.6 lakh crore in equity holdings during the March quarter after a sharp stock market correction triggered by rising geopolitical tensions, surging crude oil prices and sustained foreign investor selling, according to the latest NSE Market Pulse report.
The correction occurred during one of the most volatile quarters for Indian equities in recent years, with the benchmark Nifty falling more than 10% in Q4. The selloff was driven by escalating Iran conflict concerns, a spike in global crude oil prices, heavy foreign portfolio investor (FPI) outflows, and weakening sentiment toward emerging markets as global capital increasingly shifted toward artificial intelligence-linked opportunities in Taiwan and South Korea.
