India, March 23 -- The FTSE 100 Index showed sharp volatility as global markets reacted to developments in the Middle East conflict. The index first recorded heavy losses but later recovered strongly after US President Donald Trump announced that talks were underway with Iran.

Investors initially reacted with caution after fresh threats between the United States and Iran raised fears of attacks on energy infrastructure and possible disruption in the Strait of Hormuz. However, sentiment improved quickly after Trump revealed plans to delay military action.

The sudden change in market direction highlighted how sensitive global markets remain to geopolitical developments, especially those involving major oil-producing regions.

FTSE 100 Ind...