Escalating Middle East tensions are poised to further weaken Indian equities, with strategists warning of underperformance against global peers. Higher oil prices, driven by the conflict, will significantly impact India’s import-reliant economy, potentially fueling inflation and straining the rupee. Analysts foresee continued pressure on the Nifty index, especially for energy and trade-linked sectors.
Pharma, Auto, and IT: Pankaj Pandey shares sectoral insights amid global challenges
Pankaj Pandey shares insights on Indian sectors facing US tariffs. He sees limited impact on pharma growth but potential benefits for Jubilant Pharma and Piramal