New Delhi, March 2 -- The sharp selloff in the Indian stock markets on Monday, March 2, significantly eroded investor wealth, prompting investors to rethink their portfolio strategies. The BSE Sensex crashed almost 1,050 points while the Nifty 50 closed 1.25% lower at 24,865 in today's trade.

Overall, the bloodbath on Dalal Street amid the backdrop of escalating Middle East tensions on US-Israel-Iran war and the oil price spike wiped off Rs.6 lakh crore from investor wealth. Mutual fund investors' portfolios also bled amid the broad-based selloff.

Such a scenario often prompts investors to panic sell and tweak their portfolio strategies, but past incidents show that the impact of such geopolitical shocks is mostly short-lived.

In the c...