Friday, February 25, 2022

Nilesh Shah on how D-Street crash could alter India's growth story

“In the near term, news on war will continue to impact our market. But our fundamental story is intact. Of course, it gets adversely impacted by higher energy prices. We import about 4 million barrels of oil a day. A $10 price increase is $40 million outflow from our pocket. But our long-term story remains intact. Elevated energy prices create a dent which we can afford.”

from Economic Times https://ift.tt/g3XbJAh

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