Indian market had performed a lot better than other markets in 2021 leading India’s valuation at a significant premium to other emerging markets.
Crude oil price: Brent crude futures fell 81 cents, or 0.88%, to drop below $92 a barrel. US West Texas Intermediate (WTI) crude futures slipped
Oil prices fell due to President Trump’s announcement regarding US military action against Iran, easing supply concerns. Brent crude futures dropped to $92.33 per barrel
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