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WHEN CRUDE OIL PRICES SURGE : Winners, Losers & the Impact on the Indian Stock Market

THE CRA PERSPECTIVE WHEN CRUDE OIL PRICES SURGE Winners, Losers & the Impact on the Indian Stock Market From NIFTY 50 and Bank NIFTY to the rupee, inflation, corporate earnings and global markets — understanding how an oil-price shock travels through the financial system. GLOBAL MACROECONOMICS • SECTOR ANALYSIS • MARKET EDUCATION One commodity. Many consequences. Crude oil is more than an energy commodity. It is an important input into transportation, manufacturing, agriculture, chemicals, aviation, logistics and several other parts of the economy. Consequently, a sharp increase in crude oil prices can influence corporate profitability, household purchasing power, inflation, currency movements, government finances and stock-market valuations. For India, the relationship is especially im...
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Jallikattu -Traditional sport of Tamil Nadu(India)

Introduction

Jallikattu is an ancient sport. The seals of the Indus Valley civilization depict it, which is proof that this sport was in vogue 5,000 years ago. Ancient Tamil poetry, known as Sangam literature (2nd BCE – 2nd CE), has many detailed references to Eru Thazhuvuthal (hugging the bull).
History

Jallikattu  also known as Eru thazhuvuthal is one of the traditional sport in which a Bos indicus bull is released into a crowd of people. Multiple human participants attempt to grab and tightly "hug" the large hump of the bull and hang on to it while the bull attempts to escape. Participants hug the hump for as long as possible, attempting to bring the bull to a stop. In some cases, participants must ride long enough to remove flags affixed to the bull's horns.  Jallikattu is typically practiced in the Indian state of Tamil Nadu as a part of Pongal celebrations on Mattu Pongal day.


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