In today's "India Focus" segment, Prateek Agrawal, business and investment strategy executive director at Motilal Oswal Asset Management, discusses Reserve Bank of India policy and his outlook for markets. He speaks on Bloomberg Television.
Oil prices rose after the European Union and the G7 agreed on a boycott of most Russian oil and a price cap of $60 per barrel on Russian exports.
European stock markets largely edged lower Monday ahead of the release of key activity data, with caution key even as more Chinese cities relaxed mobility restrictions. In the corporate sector, Credit Suisse (SIX:CSGN) stock rose 1.9% after the Wall Street Journal reported that Saudi Crown Prince Mohammed bin Salman is considering an investment of around $500 million to back the embattled Swiss lender’s investment bank.