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.
Short-term rates ease as banks see surge in dollar deposits
Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boosted banking system liquidity considerably in recent
August 31, 2026