Richard Redoglia suggests Trump is using India as leverage in negotiations with Russia, particularly concerning the war in Ukraine. Despite potential geopolitical risks and fluctuating oil prices, India’s pragmatic approach to energy imports remains steady. Redoglia believes market reactions, including the dollar’s value, are secondary to Trump’s broader pursuit of global peace and trade.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII