Stock Markets

High crude oil prices could shave off 2-4% from Nifty 50 earnings: Somil Mehta

Expert view: Higher energy costs increase input expenses for several sectors, which could pressure margins and reduce overall earnings growth across companies in the Nifty index, said Somil Mehta, Mirae Asset Sharekhan.

3 min read04:00 PM IST
High crude oil prices could shave off 2-4% from Nifty 50 earnings: Somil Mehta