What happens to markets, gold & rupee if Russia goes to war

The Indian markets are not reacting negatively to the Ukraine crisis. Sensex, the benchmark index, is up about 100 points in intraday trade, even as global shares are showing a bit of bearishness. "As far as the development in Ukraine is concerned there is one big thing which can influence India and that is oil imports; and this will start creating problem for the currency also," says Nischal Maheshwari, EVP Research, EdelweissBSE -0.73 % Securities. "Oil has already start .. Source :  http://economictimes.indiatimes.com/markets/commodities/what-happens-to-markets-gold-rupee-if-russia-goes-to-war/articleshow/31389129.cms