Homevideos Newsmarket News

    Global signal: Oil prices top worry for markets especially for India

    videos | IST

    Global signal: Oil prices top worry for markets especially for India

    Mini

    Energy prices is the number one worry. India is a huge importer. It is the big risk for the market and it has real implications. It pinches the consumer wallet, companies, margins, input cost, everything.

    Energy prices is the number one worry.  The channel through which geopolitics translates into lower equity is crude oil. It has been seen in past conflicts as well.
    India is a huge importer. Nobody knows whether in a month’s time there will be oil from Iran in the market, whether the US shale oil will come to the market and that will help cool prices. That is the big risk for the market and it has real implications.
    Also Read:
    Oil has reached where it is. There hasn’t been any price increase for the pump for a long time, for almost three months, one will get that in the next ten days or so and a big one at that. So it pinches the consumer wallet, companies, margins, input cost, everything.
    Watch the accompanying video of CNBC-TV18's Prashant Nair for more details.
    Catch all stock market updates here
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
    next story

      Most Read

      Market Movers

      View All
      CompanyPriceChng%Chng