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Falling crude’s not good news for big importer India, stocks

image ET Intelligence Group: A sharp fall in global crude oil prices has prompted market commentators and portfolio managers to suggest the current weakness in the domestic equity market is a buying opportunity. India is a major net importer of crude oil and lower prices would therefore help in reducing the country’s trade deficit, thereby supporting the stock market valuation. But, history has a different story to tell.

A sharp f ..

Read more at:
https://economictimes.indiatimes.com/markets/commodities/news/falling-crudes-not-good-news-for-big-importer-india-stocks/articleshow/74587435.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst.....................................ET

12-Mar-2020