Lower crude, global stability to drive market growth in new Samvat: ANMI President Kamlesh Shroff

Lower crude prices and greater global stability could help drive market growth in the new Samvat, according to Kamlesh Shroff, president of the Association of National Exchanges Members of India (ANMI).

Key factors identified by ANMI

Shroff pointed to two conditions as important supports for the market: a decline in crude prices and a more stable global environment. His comments link the market outlook for the new Samvat to developments in energy costs and international stability.

The statement does not provide specific market growth projections or detail the expected impact on individual sectors. It identifies lower crude and global stability as the principal factors that could support market performance during the new Samvat.

Market outlook

ANMI’s view places external economic conditions at the centre of the outlook. The direction of crude prices and the broader global environment will therefore remain relevant to the market’s growth prospects in the period ahead.