Caution tape is wrapped around a coil of hot rolled steel outside a facility in Indiana, U.S. (Photographer: Daniel Acker/Bloomberg)
Rising commodity prices amid a growing investor appetite for everything from oil to corn pose a risk for India’s stock market.“Our bottom-up analysis suggests, 31 corporates, comprising 46% of the free-float weighted market cap within Nifty, are exposed to commodity risks. So far, companies haven’t seen the full impact as they had low-priced raw material inventories, but we see this as an imminent risk,” BofA Securities said in a rep...