The ongoing US-Iran conflict has led to significant volatility in major asset classes, particularly equities and gold, with benchmark indices down approximately 10% year-to-date. Investors are advised to adopt a diversified approach to their portfolios, incorporating a mix of quality stocks, gold, and debt to enhance resilience against geopolitical uncertainties. Vinit Bolinjkar, head of research at Ventura, emphasizes the importance of diversification and stability while maintaining a focus on long-term growth. Tushar Badjate, Director of Badjate Stock & Shares Pvt. Ltd., notes that historical trends show markets often rebound following geopolitical corrections, suggesting that current declines reflect consolidation rather than a fundamental breakdown. He anticipates improved market stability in the next 12–18 months, driven by factors such as the 2026 US Midterm Elections and potential shifts in US Federal Reserve policy. Bolinjkar recommends allocating 10-15% of portfolios to gold, particularly through Sovereign Gold Bonds or gold ETFs for liquidity and tax efficiency. Additionally, he suggests maintaining a focus on large-cap stocks in sectors like defense, healthcare, and infrastructure, which are expected to benefit from India's economic growth. Overall, a balanced approach with a strategic allocation to gold and a focus on resilient sectors can help investors navigate the current market landscape.