India's stock market is on track for its fiscal performance in six years as the Iran war delivers crude shock to the economy, amid record flight of foreign capital from Dalal Street.

The equity benchmarks—NSE Nifty 50 and the S&P BSE Sensex—have fallen about 4.3% and 6.3%, respectively, in FY26 for the worst showing since the pandemic-marred FY21. On Monday, they slid another 2% each.

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