Oil Prices Above USD 108 Raise Concerns Over Rupee, Inflation, Margins; Experts See Risk-Off Start
New Delhi, Sept 14: Surging crude oil prices above USD 108 a barrel amid continued disruption in shipping through the Strait of Hormuz are expected to weigh on Indian markets, with analysts warning of pressure on the rupee, inflation, corporate margins and equity valuations. Brent crude rose more than 3 per cent to around USD […]
14 Sep 06:57 · Northlines