Indian equity markets recorded their fourth consecutive week of gains, helped by lower oil prices, a decrease in selling by foreign portfolio investors, and bond inflows that bolstered the rupee. While Brent crude hovered around $72 per barrel amid discussions of increased production by OPEC+, the market still faces potential challenges from currency volatility, possible disruptions near the Strait of Hormuz, and concerns regarding how E20 fuel might affect vehicle performance.
by shortkt.com✓