New Delhi, March 9 -- The West Asia war has impacted oil, weakened currencies and spooked markets, with the Sensex crashing 2,345.89 points to hit its day's low of 76,573.01, while the Nifty 50 tanked 711 points to 23,739.20. Overall, on 9 March, investors lost Rs.12 lakh crore, as market capitalisation of BSE-listed firms dropped to nearly Rs.438 lakh crore from Rs.450 lakh crore in the previous session.

Amid this volatility, Deepak Shenoy, founder and CEO of Capitalmind AMC feels that retail investors should look at a "measured allocation" strategy going forward. In a post on social media platform X (formerly Twitter), where he acknowledged bias as a mutual fund company CEO, Shenoy said that now is not the time to panic sell.

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