given current situation lets say some country decides to do something crazy to some other country like a black swan event what would happen to the indian market and open F&O positions in indexes etc. like obviously we have circuits but in a sense even with circuits what would happen in terms of gap down or gap up.
Then all stocks might hit lower circuit if there is a sudden war based on it’s impact, may take few days to digest as time heals everything and again back to normal. Few structural changes will happen based on impact and output. We have been though those kind of events historically.