Oil prices soar; stocks, rupee fall as West Asia conflict escalates
Brent crude: Oil nears $120 a barrel as West Asia conflict deepens, dragging Sensex and Nifty lower while the rupee hits a record 92.33. Analysts warn higher import bills, rising inflation risk and sustained FII outflows could weigh on India’s growth.
Brent crude: Oil nears $120 a barrel as West Asia conflict deepens, dragging Sensex and Nifty lower while the rupee hits a record 92.33. Analysts warn higher import bills, rising inflation risk and sustained FII outflows could weigh on India’s growth.
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