‹ All Posts
Sunil Kotak

8th Mar · SEBI-Registered Analyst

Crude at 24-month high

Crude at 24-month high Crude oil now at 24-month high this will have very big impact on INDIA. Inflation will kick in now if this persists for few weeks India imports almost 85% crude oil requirements We can see higher current account deficit As Imports become expensive rupee will become weaker as well Crude oil rose from 67$ to 91$ in just 6-7 trading sessions. approx. 40% rise in 6-7 days only. Stay cautions on markets - We may see bad time in market to persist for few more weeks considering the Crude & War. Stock to keep on radar -

ASIANPAINT
Paints and Aviation stocks will have big negative impact due to this. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24

#WatchOutFor#StockInNews
1,142 likes·58 comments