Oil Prices Surge, Food Inflation Bites: Why Markets Are Worried

India’s inflation worries are mounting as rising oil and food prices threaten to put fresh pressure on markets. With wholesale inflation climbing to around 11.39%, investors are watching closely for signs of further monetary tightening. In this conversation, a market expert explains why India’s inflation challenge is being driven by two key factors: global oil prices and food inflation, which could worsen amid El Niño-related drought conditions. While these pressures are difficult to control, their impact could extend beyond household budgets to interest rates, market sentiment and the festive-season outlook. Could the Reserve Bank of India be forced to tighten policy further? And what would that mean for Dalal Street? Watch the full discussion for the key risks investors need to track.