Indian Stock Markets Lifted by Cooling Oil Supply Fears
By Pallab Bhattacharya
Newscript, August 18, 2025
Indian equities are poised to open stronger on Monday as easing concerns over Russian crude supplies filter through global energy markets. Diplomatic overtures between Washington and Moscow over the weekend have reassured investors that neither fresh sanctions nor retaliatory tariffs on Russian oil are imminent, a signal that has dampened fears of disruption to India’s lifeline imports.
Energy import costs remain India’s Achilles’ heel, with oil accounting for nearly 89 per cent of its consumption. Any volatility in supply often reverberates immediately in equity markets, squeezing the rupee and widening fiscal deficits. The latest developments have tempered anxieties, with futures on both the Nifty 50 and Sensex reflecting gains i...