On Monday, Indian markets saw a sharp selloff. The BSE Sensex ended the day down 1,124 points or 1.52 per cent. The weakness was broadbased, with the PSU bank, FMCG, utilities, auto and financial services indices ending the day in the red. Investors have been feeling the pain for some time now. Since the beginning of this year, the Sensex has fallen by almost 15 per cent.

This souring of sentiment can be traced to several factors. The conflict in West Asia and the consequent high energy prices weigh heavy. More........

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