Branch² Intelligence
Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 13 July
Key takeaway
Sensex and Nifty 50 expected to open lower due to weak global cues and rising crude oil prices amid US-Iran tensions.
- Step 1US-Iran tensions push crude oil prices higher, increasing India's import costs.
- Step 2Higher crude oil prices widen India's trade deficit and weaken the rupee, raising input costs for SMEs.
- Step 3Indian SMEs in fuel-intensive sectors face margin compression and may pass on costs to consumers.
Source: LiveMint Markets
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