Crude Impact on Stock

An analysis of Indian Stock’s performance, when Crude started tumbling from Jun-2014

In Jun-14, Crude was above $105. Recently, it touched to the lowest level of $34 and resisted to fall further. Now it’s around $46. Many feels that crude has bottomed out now. Such a drastic change in Crude had impact on all kinds of markets, be it stock, currency, bonds or other  commodities market.

Notable movement in Indian stock during these 22 month are :

  • Nifty gained 5% vs 56% fall in crude prices.
  • Most PSU Bank stock fell by 60-70%. Private Bank’s stock rose by 40-80%.
  • Most of the Consumer Durables, FMCG, Paints & Chemicals, Pharma and Textiles stocks have posted huge gains.
  • All BSE 500 FMCG stock have given positive return.
  • Aviation stocks, SpiceJet and Jet Airways prices multiplied by 4.3 and 2.6 times.
  • Most of the Mining & Minerals, Power Generation, Steel stock fell sharply.

Banks Consumer_Durables FMCG Paints_Chemicals Pharma Textiles Mining_Power_Steel

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