India emerges as global ‘stable core’ amid market turmoil

New Delhi: India is increasingly emerging as a new stable core in a volatile global environment, even as geopolitical tensions and energy shocks continue to rattle financial markets, according to the latest monthly note by Quant Mutual Fund. The fund house, led by Sandeep Tandon, highlighted that recent military actions involving the United States and Israel against Iran triggered a broad-based correction in global equities. Key indices such as the S&P 500, Nifty 50, Nikkei 225 and KOSPI witnessed declines, while bond yields moved higher and commodities turned volatile. The note added that the VIX Index, often referred to as…