What will drive stock markets this week? Analysts flag oil moves, West Asia worries and more
US President Donald Trump signed the Sanctioning Russia and Iran Act, which authorises tariffs of up to 100 per cent on countries buying Russian oil and gas. Analysts said crude oil and geopolitical developments would remain key drivers for equities this week. Foreign Portfolio Investors have pulled out ₹20,974 crore from Indian equities so far in September.
Why it matters: This matters because geopolitical developments, a core theme of the briefing, are now tied to US sanctions on Russia and Iran.