“We have to be careful now. After a 35% fall, the brokerages are now coming out with caution notes. We need to be still cautious there but as the management and the analysts turn cautious, in the next three-four months, we might actually get opportunities to buy into these stocks.”
Oil Price Today (July 20): Crude oil jumps 3%, crosses $90 as US and Iran exchange attacks. $100 in sight?
Brent crude futures rose $2.69, or 3.05%, to $90.79 a barrel, their highest level since June 11. The benchmark extended last week’s rally, when it