Iran war isn't a T-20 match, says Shankar Sharma after a kamikaze drone skims over his UAE villa

Key Highlights

• On the regional conflict's impact on India, he said India would continue to be a laggard for the second year in a row if the conflict gets protracted and crude prices rise swiftly.
• This would pressure India's balance of payments, in turn, adding pressure on the rupee and eroding FPI returns.
• Asked about the asset class he would recommend under the circumstances, Sharma answered: commodity trade.
• "In addition to precious and base metals, one could buy crude oil based stocks to ride the turbulence," he said.
• Crude oil active futures on commodity bourse MCX traded up 9.87% at ₹6,092 a barrel at the time of writing Monday, reflecting the growing tensions in West Asia.