“Several macro headwinds persist, including a dollar index above 100, crude oil near $109/barrel, and rising US 10-year yields (4.38%), which are not supportive of a stronger rupee over the medium term. India's 10-year bond yield also crossed 7.1%, indicating broader market caution.”
Sunil Subramaniam’s track record: 14 graded calls · 95% CI 12–55%
Crude OilBearishCalled 06 Apr 2026Graded 19 Jul 2026
Crude Oil price decreased from ₹112.95 to ₹68.55, which is a significant drop of 39.31% over 90 days, directly contradicting the bearish claim based on crude oil near $109/barrel.
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