Crude vs Nifty: Close Alignment
Updated : November 12, 2018 01:21:39 IST
Despite a rise in the oil prices, the correlation between crude and the Nifty have always been positive and has stayed true this time as well.
Meaning, whenever crude surges, the Nifty rises, too. The two have been in a positive correlation for the last 20 years.
Published : November 12, 2018 01:21 PM IST