http://www.bloomberg.com/news/2011-06-01/expensive-indian-stocks-to-lag-behind-emerging-market-peers-morgan-says.html
“Compared with China, India has got more than twice the negative sensitivity to higher oil prices,” Garner said. “At the same time as it gets affected adversely by oil prices, India has one of the biggest deficits on its trade account.”
“Compared with China, India has got more than twice the negative sensitivity to higher oil prices,” Garner said. “At the same time as it gets affected adversely by oil prices, India has one of the biggest deficits on its trade account.”
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