Dear Reader, The big question on investors’ minds this week was whether, now that crude oil prices have fallen back to pre-Iran-war levels, will stocks too rebound? As this FT story, free to read for Moneycontrol Pro subscribers, said: ‘Market participants seem to have decided that the US and Israel’s war with Iran is all over bar the shouting.’ Well, in the Indian markets, the Nifty is still down around 8% year to date, the INR is at 94.4 to the USD, against around 90 pre-war, and the 10-year Indian government yield is marginally higher than it was at the…
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