Nifty 50, Sensex and Crude oil: Can the futures curve of crude oil give directions on where markets are headed?

Such a structure usually emerges when the physical market tightens, either due to a sudden spike in demand or an unexpected disruption in supply

Nifty 50, Sensex and Crude oil: Can the futures curve of crude oil give directions on where markets are headed?
Such a structure usually emerges when the physical market tightens, either due to a sudden spike in demand or an unexpected disruption in supply

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