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Bloomberg

India’s Broadening Stock Rally Challenged By US-Iran Strikes

Wednesday, July 8, 2026


India's stock market rally faced headwinds following US and Iranian military strikes. Foreign investors had been increasing equity purchases in Indian markets prior to the escalation. The NSE and BSE indices declined following news of the military actions. Market analysts attributed the pullback to broader geopolitical risk reassessment among international investors.

Original reporting: https://www.bloomberg.com/news/newsletters/2026-07-08/india-s-broadening-stock-rally-challenged-by-us-iran-strikes

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