The decline of 1% in the Sensex and Nifty indices has been attributed to the rising tensions in the Russia-Ukraine conflict.

Market analysts are closely monitoring the situation due to the potential increase in volatility in financial markets caused by geopolitical uncertainties. It is advised for investors to stay informed about the developments in the region as they can have a significant impact on market performance.

The ongoing conflict has raised concerns about global economic stability, leading traders to adopt a cautious approach. Market participants are encouraged to consider the implications of geopolitical events on their investment strategies as the situation unfolds.