Indian Stock Market: Sensex, Nifty Post Worst Month Since 2020 Amid War Shock | WION

India's dependence on imported oil for over 85 percent of its needs makes the country extremely vulnerable to rising crude prices. The US-Israel war with Iran, now in its fifth week, has pushed oil prices over 50 percent this month. That has been the Achilles’ heel for Indian stocks and the rupee. The surge in crude to above 114 Dollars per barrel has raised concerns over inflation and macro stability.

#IndianMarkets #Sensex #Nifty #StockMarket #wion

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