Every $10 rise in oil above $90/bbl may hit Nifty earnings by 3%: Bernstein | Collector
Business Standard
Every $10 rise in oil above $90/bbl may hit Nifty earnings by 3%: Bernstein
Beyond $90/bbl is when the decline steepens and things worsen as inflation starts eating into savings, impacting spend that gets especially bad for consumer sectors, Bernstein said in a recent note.
Business Standard