Crude Nears $100: Rakesh Vyas On The Impact On Indian Stocks & Nifty

Thursday marked a mixed start for Indian benchmark indices in light of previous losses. The Sensex dipped, while the Nifty edged up slightly. The performance across broader markets reflected this divergence, with midcaps declining and smallcaps rising. Higher crude oil prices…

Indian equities are facing renewed volatility as rising crude oil prices, geopolitical tensions, a weaker rupee and foreign investor selling weigh on sentiment. With Brent crude nearing the $100-a-barrel mark and the Nifty slipping below 23,500, investors are once again asking…