Indian equity benchmarks experienced their steepest single-day drop in nearly two years, plummeting over 3% on Thursday. Attacks on West Asian oil and gas infrastructure fueled inflation concerns, while HDFC Bank’s sharp decline added further pressure. The Nifty closed below 23,000, and the Sensex fell significantly, wiping out recent gains and impacting market capitalization.
Geopolitical volatility makes strong case for bonds; stick to short-term funds: Devang Shah
Geopolitical tensions and rising crude prices are reshaping investment. Fixed income offers stability. Investors should focus on high-quality, short-term debt. This strategy provides steady returns
March 20, 2026