Fresh blow for a market with 80% stocks in bear grip: War threatens India Inc’s earnings comeback

Escalating Middle East tensions have triggered a sharp spike in crude oil prices, threatening India Inc’s anticipated earnings comeback. With 80% of stocks already in a bear grip, this volatility introduces significant uncertainty, particularly for sectors reliant on crude-linked inputs. Analysts warn that elevated energy prices could pressure the expected earnings rebound in the latter half of the fiscal year.