Quote on Markets 15th May 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital (Prabhudas Lilladher)
Below the Quote on Markets 15th May 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital (Prabhudas Lilladher)
‘The domestic equities market delivered a stellar performance today, with the Nifty and Sensex staging a sharp rally after confirmation of the US-Iran peace pact. The sudden easing of geopolitical risk caused Brent crude oil prices to plunge toward $74 a barrel, lifting a massive macro overhang for oil-importing economies like India. This sharp cooling in energy costs has effectively squashed immediate sticky inflation fears, clearing a smooth path for global central banks to pivot toward early interest rate cuts. Consequently, we are seeing a structural risk-on wave across heavyweights in banking, auto, and IT. As the Nifty moves confidently past its immediate resistances, this cooling of global commodity headwinds fundamentally strengthens India’s domestic earnings visibility, turning any minor near-term consolidations into high-conviction accumulation zones for investors.’
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