New Delhi, May 18 -- In less than three months since the onset of the US-Iran war, investors have navigated significant bouts of volatility. The Nifty 50 index is down over 4% since February 27, logging losses of over 1% in 14 sessions during this period, underscoring the high investor pessimism as crude oil prices remain elevated, the rupee in shambles and the foreign selling pressure persistent.

In the trade on Monday, 18 May, the Sensex crashed over 1000 points, and the Nifty 50 slipped to near 27,300 levels as both indices lost another 1% amid no end in sight to the conflict in West Asia, which is beginning to challenge global growth and drive inflation.

The Strait of Hormuz, a critical chokepoint accounting for 20% of the global en...