Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective

Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly affect the economy due to heavy reliance on GCC for energy and remittances. Foreign investors are currently favoring other Asian markets with stronger earnings growth, delaying their return to India.