Oil prices saw a slight uptick amid concerns over potential disruptions from a U.S. blockade of Venezuelan tankers. Markets are also keenly awaiting developments on a possible Russia-Ukraine peace deal. Meanwhile, Ukraine’s drone strike on a Russian oil tanker in the Mediterranean signals escalating tensions in the ongoing conflict.
Caution, not panic: Anand Tandon urges measured approach amid market volatility
Amidst global tensions and market volatility, analyst Anand Tandon advises caution on Indian equities, deeming them expensive relative to growth. He suggests selective buying of