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Oil price starting to cause demand destruction: Ambit Cap

The crisis in Japan coupled with uncertainty in crude oil prices may weigh heavy on the Indian market—that’s the word from Andrew Holland CEO-equities at Ambit Capital. He feels with oil prices being the key issue for India and investor sentiment being hit due to the tragic events in Japan, money might start moving back to emerging markets.

March 14, 2011 / 17:14 IST

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The crisis in Japan coupled with uncertainty in crude oil prices may weigh heavy on the Indian market

TAGS: #Ambit Capital #Andrew Holland #Japan #japan earthquake #Market #MARKET OUTLOOK #Nifty #Sensex

first published: Mar 14, 2011 10:44 am

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