Negative impactCorporate Action
Market may not recover until oil prices ease, West Asia tensions subside: Nepean’s Gautam Trivedi
CNBC-TV18 1 hr ago·23 Oct 2026, 7:21 am
Gautam Trivedi of Nepean Capital suggests that the Indian stock market will likely remain range-bound until crude oil prices stabilize and the geopolitical situation in West Asia de-escalates. Rising oil costs can hurt corporate margins and consumer spending, acting as a drag on overall market performance. Investors should therefore be cautious about the near-term outlook, as these external factors will continue to drive volatility in the short run.
Despite the near-term headwinds, the expert remains constructive on the long-term trajectory. He is particularly optimistic about sectors tied to capital expenditure, select small-cap companies, and the information technology (IT) industry. These areas are expected to benefit from structural growth drivers, making them potential candidates for investors looking to stay invested through the current period of uncertainty.
Excerpt from CNBC-TV18
Published On Oct 23, 2026 | 12:51 IST Last Updated On Oct 23, 2026 | 12:51 IST Nepean Capital's Gautam Trivedi says a sustained recovery in Indian equities depends on easing crude oil prices and greater clarity on the Middle East conflict. He also remains positive on capex-linked sectors, select small-cap companies…Read the original at CNBC-TV18
Key takeaways
- Category: Corporate Action.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
