Kunal Shah of Nirmal Bang Securities tells ET NOW in an interview that oil prices are going to go up but not to the extent that it is going to have a major impact on the Indian economy. Edited excerpts:
The oil prices are going to be telling as far as equity markets around the world are concerned, and Indian markets would not be an exception. What levels do you think they will hit on the upside and how will those prices impact both upstream and downstream stocks?
