If your portfolio has taken a hit recently, you’re not alone.

A sharp spike in crude oil prices—triggered by geopolitical tensions in West Asia—has rattled global markets, dragging Indian equities down over 11% in a single month. The sell-off has been broad, hitting large caps, midcaps, and small caps alike, while sectors like banking, real estate, and auto have seen the steepest corrections.

“Against this backdrop, sustained foreign portfolio investor (FPI) outflows and currency weakness added to market stress, resulting in elevated volatility across domestic equities. The BSE Sensex and Nifty 50 declined 11.5% and 11.3%, respectively, during the month, with several trading sessions marked by sharp intraday…