West Asia tensions are rattling Indian markets.

West Asia tensions are rattling Indian markets. The Nifty 50 has dropped 3.67% since late February as Brent crude surged nearly 65% in two weeks, reaching $119 before retreating to $84. India imports 90% of its crude oil, making it highly vulnerable to price swings. The real threat lies in potential disruptions to the Strait of Hormuz, through which a fifth of global oil passes daily. Every 10% oil price jump could reduce inflation by 20 basis points, GDP growth by 10 basis points, and worsen the current account deficit. Foreign institutional investors are selling, the rupee is weakening, and retail portfolios are feeling the pain. Experts recommend staying disciplined, deploying cash gradually, and rebalancing portfolios rather than panicking during this volatile period.