Indian stock markets closed the week with losses. Optimism for a US-Iran truce faded, impacting investor sentiment. Crude oil prices saw a significant spike. IT companies also reported lower-than-expected earnings. Foreign portfolio investors sold shares heavily. Analysts advise caution and gradual investment as markets face hurdles.
Oil and data centre stocks sink after US midterms
Following the US midterm election outcomes, significant shifts have been noted, influencing both oil prices and Asian stock markets. This week, Brent crude futures plummeted