BusinessPhoto: Deccan HeraldRising Crude Prices and West Asia Tensions Impact Indian Markets
Indian markets are expected to remain weak due to rising crude oil prices above $115 per barrel and escalating geopolitical tensions in West Asia. Investors are cautious ahead of the US Federal Reserve meeting on October 27-28 and key economic data releases. Earnings reports from major companies like Paytm, Tata Consumer, and Maruti Suzuki will also influence market sentiment. Concerns over US-Iran tensions and potential supply disruptions in the Strait of Hormuz add to inflation fears.
Deccan Herald·



