The geopolitical instability has triggered a “risk-off” sentiment in Indian financial markets. The Indian Rupee hit a record low, crossing the 91-mark against the US Dollar, while the Sensex saw a massive single-day drop of over 1,000 points. Conversely, gold prices have surged to nearly ₹1.67 lakh per 10 grams as investors seek safe-haven assets. Analysts warn that if the conflict persists, the rise in crude oil prices will lead to long-term inflationary pressure on the Indian economy.