Five global reasons why Indian markets can make hay

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The lower crude oil prices are a boon for the Indian economy. It helps in strengthening India's balance sheet and taming inflationary pressure. Brent crude, a global oil benchmark, has almost halved over the past year to about USD 56 a barrel.
"Our view at ANZ is that oil prices are likely to trend sideways in the new narrower equilibrium range perhaps around $40 to $50 a barrel. So the benefits from this very large drop in oil prices are still to be realised. In particular for economies li ..

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