Vinit Bolinjkar, Head of Research at Ventura Securities, warns of a prolonged market correction if the Middle East war plays out like the Ukraine-Russia conflict in 2022. He advises to take profits off the table and be cautious in the face of uncertainty.
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Ongoing tensions between China and the US and the current geopolitical situation may have played a role in fostering the Sino-Russian “bonhomie”, but cracks have appeared in the partnership, according to observers.
