The year 2018 happens to be quite eventful for the equity markets. There were lot of events that led to the heightened volatility in the equity markets. It all started with the reintroduction of long term capital gains (LTCG) tax, then came the rise and fall of crude oil prices, and most recently, the results of elections in five states and, finally, the resignation of Urjit Patel as the governor of the Reserve Bank of India.