New Delhi, March 30 -- Global equities have been in a tailspin since the start of the US-Israel war with Iran, as investors have been fleeing riskier assets amid a relentless rise in crude oil prices, which has ignited fears of prolonged inflation and potentially higher interest rates, making such assets less attractive.

The sell-off is not limited to stocks alone, as other asset classes are also under pressure. Gold, which is typically considered a safe haven during times of economic uncertainty and geopolitical tensions, is also struggling to gain momentum, while bond yields are moving higher as concerns mount that central banks may tighten monetary policy if energy prices remain elevated.

At a time of such uncertainty, investors are ...