$85 Crude Won't Derail India: Motilal Oswal's Ajay Khandelwal Sees 6.5% Growth, 1.5% CAD
NDTV Profit 3 hrs ago·11 Aug 2026, 3:51 am
Motilal Oswal's Ajay Khandelwal has downplayed the impact of rising crude oil prices on India's economy. He believes that despite the global headwinds, the country is well-positioned to maintain steady growth. Khandelwal projects the Gross Domestic Product (GDP) to expand by 6.5% and the Current Account Deficit (CAD) to remain manageable at 1.5% of GDP.
This outlook suggests that the domestic market has enough resilience to absorb higher energy costs without derailing economic momentum. Investors should view this as a sign of underlying economic strength rather than a signal of immediate crisis. It implies that the rally in Indian equities could continue despite external volatility.
Going forward, investors should monitor the government's fiscal deficit and the rupee's performance against the dollar. While the current growth trajectory looks positive, any sudden spike in oil prices or a sharp depreciation of the currency could alter these forecasts.
Key takeaways
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
