◆ Mixed
El Nino Threat Extends To Winter Crops, Rate Hike May Be Needed: Citi India Chief Economist
Indian markets moved higher.
24 Sept 2026 · NDTV Profit
El Nino could put India's winter crops at risk, Citi India Chief Economist Samiran Chakraborty said, as disrupted monsoon patterns raise concerns over agriculture.
The analysis
This is a Monsoon / rural demand event. Rural demand is a large share of staples and two-wheeler volumes, and it tracks the monsoon and support prices with a lag of a quarter or two.