✉news BusinessMarkets first seen 9 h ago, last 9 h ago, peak #11
Indian shares set to open near six-month lows as oil rises
Original: Indian shares to open near six-month lows as oil prices rise
Indian stock markets are expected to open near their lowest levels in six months as rising oil prices weigh on investor sentiment. Higher crude costs are a particular concern for India, a major oil importer, raising worries about inflation, corporate margins and the current account deficit.
Why now: Rising oil prices and the prospect of further equity losses are drawing investor attention to Indian markets right now.
Evidence
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