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Falling unrefined’s bad news for huge merchant India, stocks

ET Intelligence Group: A sharp fall in worldwide unrefined petroleum costs has incited advertise pundits and portfolio chiefs to recommend the present shortcoming in the household value showcase is a purchasing opportunity. India is a significant net merchant of raw petroleum and lower costs would in this way help in lessening the nation’s exchange shortage, in this manner supporting the securities exchange valuation. In any case, history has an alternate story to tell.

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