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If oil prices stay over $100 for an extended period, it will impact everything from the household budget, the government's fiscal arithmetic, RBI's policy calculus, and your equity portfolio. It is not that we have not been in such a bind before. We have: In 2008, in 2013, in 2022. And each time, the economy has adjusted. But it has not done so without pain, and not without significant wealth transfers between sectors and asset classes.

If oil prices stay over $100 for an extended period, it will impact everything from the household budget, the government's fiscal arithmetic, RBI's policy calculus, and your equity portfolio. It is not that we have not been in such a bind before. We have: In 2008, in 2013, in 2022. And each time, the economy has adjusted. But it has not done so without pain, and not without significant wealth transfers between sectors and asset classes.

Sensex Today | Nifty 50 | Stock Market Live Updates: Indian stocks ended lower in the special trading session on Sunday after Finance Minister Nirmala Sitharaman announced a hike in the securities transaction tax (STT) on futures and options in her Budget 2026 speech, triggering a sharp sell-off during the Budget special weekend trading session.

Sensex Today | Nifty 50 | Stock Market Live Updates: Indian stocks ended lower in the special trading session on Sunday after Finance Minister Nirmala Sitharaman announced a hike in the securities transaction tax (STT) on futures and options in her Budget 2026 speech, triggering a sharp sell-off during the Budget special weekend trading session.