India's Stock Market Feels the Heat From High Oil Prices

The Quick Take
The latest jump in oil prices has disturbed Indian equities, with both major indices starting the week with losses and 12 out of India’s 16 sectors booking losses, Reuters reported earlier in the day. With Brent crude trading at over $114 per barrel, it is not hard to see why investor sentiment in the world’s third-largest importer of crude is not exactly optimistic, pushing Sensex down by 0.46 to
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