Crude above $110 rattles Dalal Street; rupee sinks to lifetime low
Published on: May 19, 2026, 6:24 a.m. | Source: The Economic Times
Indian markets experienced volatility on Monday. The rupee hit a new all-time low against the dollar. Bond yields rose significantly. Technology stocks helped equities avoid a major fall. Concerns over rising crude oil prices, fueled by drone strikes and depleting inventories, impacted investor sentiment. This situation poses challenges for India, an oil importer.
