The Middle East conflict entered its fourth week, keeping oil prices elevated and triggering a risk-off session that left Indian equities trading deep in the red on Monday. The escalation raises downside risk to consumer and industrial sectors via higher energy costs, may boost inflationary pressures, and could drive further volatility and capital outflows from emerging market assets.
The Middle East conflict entered its fourth week, keeping oil prices elevated and triggering a risk-off session that left Indian equities trading deep in the red on Monday. The escalation raises downside risk to consumer and industrial sectors via higher energy costs, may boost inflationary pressures, and could drive further volatility and capital outflows from emerging market assets.
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strongly negative
Sentiment Score
-0.60