Global Market | Anurag Singh on what could decide the market’s next move
Analysis of this story by et_markets · 12 Mar 2026, 10:40 AM IST (about 2 months ago)
AI Analysis
Geopolitical tensions and rising crude oil prices are directly impacting input costs for auto manufacturers and fuel costs for consumers, potentially dampening demand. The broader market is already showing significant weakness today.
Trading Insight
Maintain a bearish bias on auto stocks due to commodity cost trends and potential demand slowdown; consider shorting opportunities with strict stop-losses.
Quick check: ONGC neutral (+0.1% 1d), IOC bearish bias (+0.4% 1d).
Key Evidence
- •Rising oil prices and West Asian tensions are creating market volatility.
- •Market expert Anurag Singh believes the US and Israel aim to dismantle Iran's capabilities and secure the Strait of Hormuz.
- •Equity markets have priced in weaker earnings.
- •Emergency oil releases offer only a temporary reprieve.
- •Nifty50 opened below 23,600 and BSE Sensex was down over 900 points today (March 12, 2026).
Affected Stocks
People in this Story
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Sources and updates
Original source: et_markets
Published: 12 Mar 2026, 10:40 AM IST
Last updated on Anadi News: 12 Mar 2026, 10:58 AM IST
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