Also USA stand behind india and will give all the military aid to India it means stock market commodities and btc looking bullish
India is playing both sides. They've been buying arms from Russia for decades and according to some sources spent 60 billion dollars doing so. Now they have a contract with the US for engine production so that most likely comes with a verbal agreement that they will not send weapons to Russia when the US is supplying Ukraine.
India doesn't act like it's against Russia or the US, but it wants to get the best deals from both sides.
Russia wanted to produce helicopters in India but that deal was cancelled most likely because of the engine deal with the US.
Chances of India going to war right now are very low, they just want to make money. It's the same fear mongering that people who say that Russia will attack NATO countries are doing.
I agree, the government of India like most governments is trying to get the best possible deals they can, and the politicians there have realized they have become a very important chess piece for other major players, so those politicians are doing what any other politician would do under those circumstances, which is to take advantage of the situation, so while the tensions between India and China are important, I think it is out of place to believe that an armed conflict is on the cards right now.