Impactofchangesinthe pricesofcrude oilontheIndian StockMarket withspecialreferencetoNationalStockExchange(NSE)fortheperiod 2022-2025.
For any growing economy basic raw material is crude oil. Manufacturing industry require large amount of crude. India is 2nd largest oil importer in the world next to China. As the need of oil for China increases impacts increase in prices of crude oil. The changes like increase in interest rates, inflation, US Dollar value, uncertainties in war escalation between Hamas and Israel in Middle East Asia impact stock market of India. Aggressive import of crude oil increases import bill of India. All the payments for this crude oil are to be made in US Dollars. Sometimes it happens that increase in both US Dollar and crude oil in together removes the money flow in stock market. Russian invasion on Ukraine created uncertainties in global oil market which directly impacted stock market of India. Increase in crude prices also affects the GDP growth of any country. From the presented paper we will get keynote insights that how changes in oil prices negatively impacted Indian stock market between 2022-2025.
Institutions
- G.S. Science, Arts And Commerce College (IN)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2025-02-12
- DOI
- https://doi.org/10.5281/zenodo.14857477
- Primary Topic
- Market Dynamics and Volatility
- Type
- article
- Field-Weighted Citation Impact
- 0.00