VERIFIEDEconomic Times News·14 May 2026positive

Crude@$100+: A power boom you might be missing

AI Summary

·India's power and energy stocks have surged due to the US-Israel-Iran conflict, with Nifty Energy's market cap increasing by Rs 3 lakh crore.
·Brent crude prices have surpassed $100, influencing the market dynamics.
·Foreign investors are increasing their stake in power generation and transmission companies as a hedge against macroeconomic risks.