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Indian markets fragile amid Middle East war: Kotak Securities VP
short by / on Wednesday, 4 March, 2026
Sumit Pokharna, VP at Kotak Securities, warned that India's economy is highly fragile due to heavy reliance on imported crude oil, which covers over 80% of demand. Speaking to ANI, he said geopolitical risks have surged and any disruption in supply could severely affect GDP growth. He cautioned that this fragile situation could persist for weeks.
read more at Asianet Newsable