Crude Oil Drops to 4-Year Low. What It Means for India's Balance Sheet & Energy Stocks

Crude oil prices have hit a 4-year low, raising concerns about global growth even as India stands to benefit from lower import bills. Chakri Lokapriya, CIO at LGT Wealth, breaks down the double-edged impact of the crude crash—short-term fiscal and inflation relief for India vs long-term slowdown risks globally. Meanwhile, technical expert Mitesh Panchal expects crude to form a bottom soon and bounce back toward $75–80 levels in the next 12 months. He also shares his top picks in this environment: ONGC for medium to long-term upside and Asian Paints for a short- to medium-term trade. Plus, Indigo emerges as a direct winner from cheaper oil. Watch this insightful chat to understand the next move in crude and the stocks that could benefit.