Over a month, the BSE Sensex rose by 4,675.58 points, or 6.09%, to touch 81,410.47 as of Tuesday. The index saw a sharp dip around May 10, briefly falling below 79,000 before rebounding strongly. The highest point was near 82,000 just before a slight decline on Tuesday.

The equity market has begun to feel the weight of caution as conflicts and instability simmer across borders. “The short-term outlook for stock markets will largely depend on how the current geopolitical tensions play out,” says Santosh Joseph, CEO of Germinate Investor Services, underlining how war-like situations typically slow down market activity in the recent past.

According to him, whenever global tensions flare up, investors instinctively move toward safety….