‘Rahu Kal’ for Markets? Nilesh Shah Warns Oil Spike from Middle East Tensions Could Sting India
Veteran market expert Nilesh Shah has cautioned that rising crude oil prices, driven by escalating Middle East tensions, could spell trouble for India’s economy and equity markets. Referring to the situation as a potential “Rahu Kal” for markets, Shah emphasized that while India’s fundamentals remain strong, external shocks like oil spikes can still sting investors…