Oil-Linked Stocks Under Pressure! Why Market Expert Deven Choksey Prefers Staying Away For Now

Oil-linked sectors including oil marketing companies, paint makers, and tyre stocks remain under pressure as crude oil prices continue to stay volatile. Deven Choksey, MD, DR Choksey FinServ Private, believes uncertainty in crude prices and fluctuating input costs make these sectors less attractive for investors at the moment. He says the lack of visibility on oil price trends could continue to impact earnings and margins across user industries.