Can Nifty crash below 20,000? Why a 2023 gap is back in focus

Indian markets witnessed a sharp sell-off, with the Nifty 50 falling over 2% amid rising global tensions after US President Donald Trump warned of action against Iran.The index is now down over 14% from its January peak, raising concerns of deeper correction. Analysts warn that if selling continues, Nifty could drift toward the unfilled 2023 gap.