The past few weeks have rattled even seasoned investors. The entire investment landscape has turned topsy-turvy. There is unprecedented volatility across all asset classes. Equities see massive gyrations on a daily basis. Even the blue chips, considered safe bastions within this asset class, are see-sawing wildly.
Debt markets have also turned volatile, with yields witnessing uncharacteristic sharp movements in either direction. Gold, too, is not immune to the chaos. Tying all these together is the rupee, which seems to have developed a mind of its own. The currency's daily fluctuations have left everyone gasping in disbelief. This uncertainty is not likely to go away anytime soon.
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