Nifty can fall below 19,000 in worst case GFC-like scenario, warns Bernstein; rupee could breach 110/USD
Global brokerage Bernstein warns the Iran conflict could trigger a "GFC moment" for India if prolonged, leading to elevated crude prices and tight financing. This scenario risks exposing macro vulnerabilities, potentially pushing the rupee past 110 per dollar and significantly impacting Nifty's valuation and India's growth trajectory.
Global brokerage Bernstein warns the Iran conflict could trigger a "GFC moment" for India if prolonged, leading to elevated crude prices and tight financing. This scenario risks exposing macro vulnerabilities, potentially pushing the rupee past 110 per dollar and significantly impacting Nifty's valuation and India's growth trajectory.
