₹25 Lakh+ Crore Wiped Out: Why is the Market Panicking? 🛢️📉 The Middle East conflict has pushed Brent crude past $119, triggering a massive sell-off in Indian equities. Since India imports over 80% of its oil, surging prices threaten our import bill, weaken the Rupee, and squeeze margins for OMCs and aviation, while upstream companies might actually benefit. How is this crude oil spike impacting your current stock market portfolio? [#CrudeOil, #IndianStockMarket, #Nifty50, #Sensex, #PLCapital ] #CrudeOil #IndianStockMarket #Nifty50 #Sensex #PLCapital