Updated
Updated · Bloomberg · May 5
Indian stock market rebound threatened by rising oil prices
Updated
Updated · Bloomberg · May 5

Indian stock market rebound threatened by rising oil prices

11 articles · Updated · Bloomberg · May 5
  • Violence in the Persian Gulf lifted crude prices before Tuesday's open, with China, Japan and South Korea markets shut, potentially sharpening focus on Indian shares.
  • The oil spike could undermine recent equity gains as investors also watch earnings from Hero MotoCorp, Larsen & Toubro and Mahindra & Mahindra.
  • Markets are also weighing state election results, where a strong ruling-party showing, especially in West Bengal, could bolster Prime Minister Narendra Modi's economic and political agenda.
Can Modi’s decisive election win shield India’s economy from the escalating Gulf war?
Can India's green energy boom offer a permanent escape from crippling oil shocks?
As foreign funds flee Indian markets, is this a crisis or a historic buying opportunity?