BusinessPhoto: Mint MarketsUS Midterms Likely Limited Impact on India Markets, Oil Prices Key
Emkay expects the 2026 US midterm elections to have limited direct impact on US-India relations, with ongoing trade and immigration frictions. For Indian markets, factors like oil prices, the US dollar, and US bond yields are more influential. Renewed tensions with Iran could raise oil prices, putting pressure on the rupee and Indian equities such as Sensex and Nifty.
Mint Markets·



