at the centre has improved the overall economic sentiment.He thinks geopolitical risks leading to spike in crude prices is the only risk for our market at this point of time.Stock specific, the house would stay
, Brent crude oil rose to 103 dollars after reports indicate Russian troops had entered Ukraine in support of pro-Moscow rebels, intensifying a separatist war.Back home, the Nifty closed at an all-time high
of 82.671.In commodities, brent crude prices rose as support from geopolitical tensions in Ukraine and Libya countered ample supplies and anticipated weak demand.From precious metals space, gold prices
Gold has lost nearly Rs 700, or 2.53 per cent in last six trading sessions as most local buyers sidelined on expectations of further fall in prices in the wave of ongoing uncertainty in global markets, a bullion trader said.
.Furthermore, falling crude prices will impact the company positively, he adds.Below is the verbatim transcript of the interview:Q: In Q1 FY15, we have seen your margins actually reach all the way to that 26 percent mark
against a broadly firmer dollar after comments from the head of the European Central Bank raised prospects of more policy easing.Brent crude, meanwhile, was under pressure on a strong dollar and plentiful