Markets Watch: West Asia Tensions, Crude Oil, US Fed Rate Decision Key Triggers

Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited said, “the spike in Brent crude following the escalation of the conflict in West Asia is becoming a concern since it will again impact India’s macros if the price spike lasts longer. If crude price declines and stabilises FPIs are likely to turn consistent buyers in India. Therefore, crude price is the data to watch.”

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