Mumbai, March 4 -- India's markets are facing significant headwinds amid escalating geopolitical tensions, with crude oil prices surging and supply chains under threat.

Sumit Pokharna, VP-Fundamental Research at Kotak Securities, says the situation is "very fragile" and could persist for weeks.

While speaking to ANI, Pokharna said, "The current environment is very fragile, the geopolitical risk has re-emerged significantly. This risk can sustain for a few more weeks; we don't know that. India is importing more than 80% of its crude oil requirement from abroad, and that makes India very fragile compared to other countries. So, our dependence is very high. Any disruption in the supply side will lead to major disruption in the GDP growth."...