<h1>Market volatility from geopolitical tensions and rising oil prices triggered broad equity losses and market-cap erosion.</h1> Market volatility from Middle East geopolitical tensions and a sharp rise in crude oil prices triggered a two-day equity sell-off that significantly reduced investor wealth and market capitalisation. The sell-off was transmitted through currency weakness and targeted selling in oil-linked and cyclical sectors, producing broad negative breadth while healthcare and realty outperformed. Major large-cap laggards included infrastructure, banking and commodity-linked firms, with select technology, auto and pharmaceutical stocks posting gains.