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For inflation, crude oil is the biggest joker in the pack: Lakshmi Iyer, CEO, Kotak Investment Advisors

The CEO believes India's growth story is intact, offering opportunities in fixed income and equities, and external factors may delay but not derail it

November 24, 2022 / 10:20 AM IST
For inflation, crude oil is the biggest joker in the pack: Lakshmi Iyer, CEO, Kotak Investment Advisors

Lakshmi Iyer, CEO-Investment Advisory, Kotak Investment Advisors. (Illustration by Suneesh K)

At less than $90 a barrel, Brent crude prices do not look ominous at the moment, feels Lakshmi Iyer, CEO-Investment Advisory, Kotak Investment Advisors. But it is difficult to have a dot plot on oil prices. So, it is important to keep track of crude prices from the inflation perspective. In this context, Iyer observes that though inflation is showing signs of cooling off, interest rate hikes will continue, though the quantum could be lower. Coming to equity and bond markets, Iyer...

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