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Rising global crude oil prices may spoil D-Street party, say experts

Brent Crude has surged more than 60 per cent since November, crossing $61 a barrel for the first time in 13 months

Topics
Crude Oil Prices | Markets Sensex Nifty | stock market

Sundar Sethuraman  |  Mumbai 

oil, crude, gas, price, petrol, diesel
“If Brent crude prices sustain over $65-70 a barrel for a few weeks, we will have the first sign of pressure on Indian macros,” said Deepak Jasani, head (retail research), HDFC Securities

The benchmark indices would have registered a third straight session of loss on Thursday, if not for the 4 per cent surge in index heavyweight (RIL).

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First Published: Fri, February 12 2021. 00:02 IST
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