Nilesh Shah warns that a crude oil price surge may negatively affect Indian markets. Global tensions and rising oil prices are concerns. US airstrikes on Iranian nuclear facilities escalate Middle East conflict. Oil price increases are already visible. Shah advises traders to be cautious. He suggests long-term investors use corrections to buy. Availability and prices of oil need monitoring.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.