{"id":21105,"date":"2026-02-11T08:52:43","date_gmt":"2026-02-11T03:22:43","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=21105"},"modified":"2026-02-11T08:56:49","modified_gmt":"2026-02-11T03:26:49","slug":"russian-oil-discounts-shake-indian-markets","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/russian-oil-discounts-shake-indian-markets\/","title":{"rendered":"Russian Oil Discounts Deepen \u2014 Crude Volatility Rises. What This Means for India &#038; Energy Stocks"},"content":{"rendered":"<p data-start=\"323\" data-end=\"528\"><strong data-start=\"323\" data-end=\"528\">Russian oil discounting intensified sharply this week, as President Vladimir Putin slashed crude prices further to keep exports flowing, draining Moscow&#8217;s war chest and reshaping global oil trade flows.<\/strong><\/p>\n<p data-start=\"530\" data-end=\"817\">The move is rattling energy markets because <strong data-start=\"574\" data-end=\"661\">Russian oil exporters are now sacrificing revenue stability to preserve market share<\/strong>, increasing near-term crude supply pressure, a shift that directly impacts <strong data-start=\"738\" data-end=\"817\">global oil prices, India\u2019s import bill, and domestic energy stock momentum.<\/strong><\/p>\n<h2 data-start=\"891\" data-end=\"916\">Why Markets Care <em data-start=\"911\" data-end=\"916\">Now<\/em><\/h2>\n<p data-start=\"918\" data-end=\"975\">This is not just geopolitics\u2014this<strong data-start=\"949\" data-end=\"975\">\u00a0is price warfare.<\/strong><\/p>\n<p data-start=\"977\" data-end=\"1231\">Russia is offering <strong data-start=\"996\" data-end=\"1061\">steeper discounts to Asian buyers, especially India and China<\/strong>, to bypass Western sanctions. While this helps India secure cheaper crude, it <strong data-start=\"1140\" data-end=\"1191\">simultaneously caps upside in global oil prices<\/strong>, changing the risk-reward equation for:<\/p>\n<ul data-start=\"1233\" data-end=\"1353\">\n<li data-start=\"1233\" data-end=\"1254\">\n<p data-start=\"1235\" data-end=\"1254\"><strong data-start=\"1235\" data-end=\"1254\"><a href=\"https:\/\/www.ibef.org\/industry\/oil-gas-india\/showcase\/oil-and-natural-gas-corporation-ltd\" rel=\"noopener\">ONGC<\/a>, Oil India<\/strong><\/p>\n<\/li>\n<li data-start=\"1255\" data-end=\"1280\">\n<p data-start=\"1257\" data-end=\"1280\"><strong data-start=\"1257\" data-end=\"1280\">Reliance Industries<\/strong><\/p>\n<\/li>\n<li data-start=\"1281\" data-end=\"1302\">\n<p data-start=\"1283\" data-end=\"1302\"><strong data-start=\"1283\" data-end=\"1302\">BPCL, HPCL, IOC<\/strong><\/p>\n<\/li>\n<li data-start=\"1303\" data-end=\"1353\">\n<p data-start=\"1305\" data-end=\"1353\"><strong data-start=\"1305\" data-end=\"1353\">Energy-heavy Nifty &amp; inflation-linked trades<\/strong><\/p>\n<\/li>\n<\/ul>\n<h2 data-start=\"1360\" data-end=\"1401\">What Changed <em data-start=\"1376\" data-end=\"1383\">Today<\/em><\/h2>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" style=\"height: 154px;\" width=\"737\" data-start=\"1403\" data-end=\"1787\">\n<thead data-start=\"1403\" data-end=\"1446\">\n<tr data-start=\"1403\" data-end=\"1446\">\n<th class=\"\" data-start=\"1403\" data-end=\"1412\" data-col-size=\"sm\">Factor<\/th>\n<th class=\"\" data-start=\"1412\" data-end=\"1423\" data-col-size=\"sm\">Previous<\/th>\n<th class=\"\" data-start=\"1423\" data-end=\"1429\" data-col-size=\"sm\">Now<\/th>\n<th class=\"\" data-start=\"1429\" data-end=\"1446\" data-col-size=\"sm\">Market Signal<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1495\" data-end=\"1787\">\n<tr data-start=\"1495\" data-end=\"1577\">\n<td data-start=\"1495\" data-end=\"1521\" data-col-size=\"sm\">Russian crude discounts<\/td>\n<td data-col-size=\"sm\" data-start=\"1521\" data-end=\"1534\">$12\u201315\/bbl<\/td>\n<td data-col-size=\"sm\" data-start=\"1534\" data-end=\"1551\"><strong data-start=\"1536\" data-end=\"1550\">$18\u201320\/bbl<\/strong><\/td>\n<td data-col-size=\"sm\" data-start=\"1551\" data-end=\"1577\">Heavy pricing pressure<\/td>\n<\/tr>\n<tr data-start=\"1578\" data-end=\"1648\">\n<td data-start=\"1578\" data-end=\"1599\" data-col-size=\"sm\">Russia&#8217;s oil revenue<\/td>\n<td data-col-size=\"sm\" data-start=\"1599\" data-end=\"1608\">Stable<\/td>\n<td data-col-size=\"sm\" data-start=\"1608\" data-end=\"1628\"><strong data-start=\"1610\" data-end=\"1627\">Sharp erosion<\/strong><\/td>\n<td data-col-size=\"sm\" data-start=\"1628\" data-end=\"1648\">War chest stress<\/td>\n<\/tr>\n<tr data-start=\"1649\" data-end=\"1716\">\n<td data-start=\"1649\" data-end=\"1670\" data-col-size=\"sm\">Asian supply flows<\/td>\n<td data-col-size=\"sm\" data-start=\"1670\" data-end=\"1681\">Balanced<\/td>\n<td data-col-size=\"sm\" data-start=\"1681\" data-end=\"1700\"><strong data-start=\"1683\" data-end=\"1699\">Russia-heavy<\/strong><\/td>\n<td data-col-size=\"sm\" data-start=\"1700\" data-end=\"1716\">Brent capped<\/td>\n<\/tr>\n<tr data-start=\"1717\" data-end=\"1787\">\n<td data-start=\"1717\" data-end=\"1739\" data-col-size=\"sm\">India&#8217;s import basket<\/td>\n<td data-col-size=\"sm\" data-start=\"1739\" data-end=\"1747\">Mixed<\/td>\n<td data-col-size=\"sm\" data-start=\"1747\" data-end=\"1769\"><strong data-start=\"1749\" data-end=\"1768\">Russia-dominant<\/strong><\/td>\n<td data-col-size=\"sm\" data-start=\"1769\" data-end=\"1787\">Cost advantage<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"1789\" data-end=\"1921\"><strong data-start=\"1789\" data-end=\"1803\">Key Shift:<\/strong><br data-start=\"1803\" data-end=\"1806\" \/>Russia is now <strong data-start=\"1820\" data-end=\"1878\">prioritizing volume survival over revenue optimisation<\/strong>, a sign of <strong data-start=\"1890\" data-end=\"1920\">economic stress escalation<\/strong>.<\/p>\n<h2 data-start=\"1928\" data-end=\"1971\">Non-Obvious Market Insight<\/h2>\n<p data-start=\"1973\" data-end=\"2103\">While cheaper Russian oil <strong data-start=\"1999\" data-end=\"2029\">lowers India\u2019s import cost<\/strong>, it also <strong data-start=\"2039\" data-end=\"2063\">reduces Brent upside<\/strong>, which creates a <strong data-start=\"2081\" data-end=\"2103\">dual impact trade:<\/strong><\/p>\n<ul data-start=\"2105\" data-end=\"2363\">\n<li data-start=\"2105\" data-end=\"2249\">\n<p data-start=\"2107\" data-end=\"2122\"><strong data-start=\"2107\" data-end=\"2120\">Positive:<\/strong><\/p>\n<ul data-start=\"2125\" data-end=\"2249\">\n<li data-start=\"2125\" data-end=\"2173\">\n<p data-start=\"2127\" data-end=\"2173\">Oil marketing companies \u2192 <strong data-start=\"2153\" data-end=\"2173\">Margin tailwinds<\/strong><\/p>\n<\/li>\n<li data-start=\"2176\" data-end=\"2213\">\n<p data-start=\"2178\" data-end=\"2213\">Inflation \u2192 <strong data-start=\"2190\" data-end=\"2213\">Downside protection<\/strong><\/p>\n<\/li>\n<li data-start=\"2216\" data-end=\"2249\">\n<p data-start=\"2218\" data-end=\"2249\">Fiscal deficit \u2192 <strong data-start=\"2235\" data-end=\"2249\">Supportive<\/strong><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li data-start=\"2251\" data-end=\"2363\">\n<p data-start=\"2253\" data-end=\"2268\"><strong data-start=\"2253\" data-end=\"2266\">Negative:<\/strong><\/p>\n<ul data-start=\"2271\" data-end=\"2363\">\n<li data-start=\"2271\" data-end=\"2317\">\n<p data-start=\"2273\" data-end=\"2317\">Upstream producers \u2192 <strong data-start=\"2294\" data-end=\"2317\">Revenue compression<\/strong><\/p>\n<\/li>\n<li data-start=\"2320\" data-end=\"2363\">\n<p data-start=\"2322\" data-end=\"2363\">Energy index momentum \u2192 <strong data-start=\"2346\" data-end=\"2363\">Upside capped<\/strong><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p data-start=\"2365\" data-end=\"2569\"><strong data-start=\"2365\" data-end=\"2383\">Hidden Signal:<\/strong><br data-start=\"2383\" data-end=\"2386\" \/>Sustained discounting often <strong data-start=\"2414\" data-end=\"2454\">precedes structural demand slowdowns<\/strong>, not just sanctions pressure. This suggests <strong data-start=\"2499\" data-end=\"2569\">global growth fears are quietly rising beneath geopolitical noise.<\/strong><\/p>\n<h2 data-start=\"2576\" data-end=\"2598\">Sectoral Impact Map<\/h2>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" style=\"height: 170px;\" width=\"751\" data-start=\"2600\" data-end=\"2944\">\n<thead data-start=\"2600\" data-end=\"2633\">\n<tr data-start=\"2600\" data-end=\"2633\">\n<th class=\"\" data-start=\"2600\" data-end=\"2610\" data-col-size=\"sm\">Segment<\/th>\n<th class=\"\" data-start=\"2610\" data-end=\"2619\" data-col-size=\"sm\">Impact<\/th>\n<th class=\"\" data-start=\"2619\" data-end=\"2633\" data-col-size=\"sm\">Trade Bias<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2674\" data-end=\"2944\">\n<tr data-start=\"2674\" data-end=\"2730\">\n<td data-start=\"2674\" data-end=\"2699\" data-col-size=\"sm\">OMCs (BPCL, HPCL, IOC)<\/td>\n<td data-col-size=\"sm\" data-start=\"2699\" data-end=\"2719\">Strongly positive<\/td>\n<td data-col-size=\"sm\" data-start=\"2719\" data-end=\"2730\">Bullish<\/td>\n<\/tr>\n<tr data-start=\"2731\" data-end=\"2781\">\n<td data-start=\"2731\" data-end=\"2748\" data-col-size=\"sm\">Refiners (RIL)<\/td>\n<td data-col-size=\"sm\" data-start=\"2748\" data-end=\"2759\">Positive<\/td>\n<td data-col-size=\"sm\" data-start=\"2759\" data-end=\"2781\">Accumulate on dips<\/td>\n<\/tr>\n<tr data-start=\"2782\" data-end=\"2834\">\n<td data-start=\"2782\" data-end=\"2811\" data-col-size=\"sm\">Upstream (ONGC, Oil India)<\/td>\n<td data-col-size=\"sm\" data-start=\"2811\" data-end=\"2822\">Negative<\/td>\n<td data-col-size=\"sm\" data-start=\"2822\" data-end=\"2834\">Cautious<\/td>\n<\/tr>\n<tr data-start=\"2835\" data-end=\"2894\">\n<td data-start=\"2835\" data-end=\"2850\" data-col-size=\"sm\">Nifty Energy<\/td>\n<td data-col-size=\"sm\" data-start=\"2850\" data-end=\"2879\">Neutral to mildly positive<\/td>\n<td data-col-size=\"sm\" data-start=\"2879\" data-end=\"2894\">Range trade<\/td>\n<\/tr>\n<tr data-start=\"2895\" data-end=\"2944\">\n<td data-start=\"2895\" data-end=\"2913\" data-col-size=\"sm\">INR &amp; Inflation<\/td>\n<td data-col-size=\"sm\" data-start=\"2913\" data-end=\"2926\">Supportive<\/td>\n<td data-col-size=\"sm\" data-start=\"2926\" data-end=\"2944\">Macro-positive<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h2 data-start=\"2951\" data-end=\"2970\">Known vs Unknown<\/h2>\n<h3 data-start=\"2972\" data-end=\"2981\">Known<\/h3>\n<ul data-start=\"2982\" data-end=\"3122\">\n<li data-start=\"2982\" data-end=\"3029\">\n<p data-start=\"2984\" data-end=\"3029\">Russia\u2019s oil revenue is <strong data-start=\"3008\" data-end=\"3029\">shrinking sharply<\/strong><\/p>\n<\/li>\n<li data-start=\"3030\" data-end=\"3073\">\n<p data-start=\"3032\" data-end=\"3073\">Discounts are <strong data-start=\"3046\" data-end=\"3073\">structurally increasing<\/strong><\/p>\n<\/li>\n<li data-start=\"3074\" data-end=\"3122\">\n<p data-start=\"3076\" data-end=\"3122\">Asia is absorbing <strong data-start=\"3094\" data-end=\"3122\">most of Russia\u2019s barrels<\/strong><\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"3124\" data-end=\"3135\">Unknown<\/h3>\n<ul data-start=\"3136\" data-end=\"3247\">\n<li data-start=\"3136\" data-end=\"3166\">\n<p data-start=\"3138\" data-end=\"3166\">Duration of discount warfare<\/p>\n<\/li>\n<li data-start=\"3167\" data-end=\"3208\">\n<p data-start=\"3169\" data-end=\"3208\">Potential <strong data-start=\"3179\" data-end=\"3208\">OPEC retaliation strategy<\/strong><\/p>\n<\/li>\n<li data-start=\"3209\" data-end=\"3247\">\n<p data-start=\"3211\" data-end=\"3247\">Western sanction tightening timeline<\/p>\n<\/li>\n<\/ul>\n<h2 data-start=\"3254\" data-end=\"3287\">What Traders Should Watch Next<\/h2>\n<ol data-start=\"3289\" data-end=\"3477\">\n<li data-start=\"3289\" data-end=\"3351\">\n<p data-start=\"3292\" data-end=\"3351\"><strong data-start=\"3292\" data-end=\"3313\">Brent Crude Zone:<\/strong> $75\u2013$82 \u2192 decisive for energy trend<\/p>\n<\/li>\n<li data-start=\"3352\" data-end=\"3402\">\n<p data-start=\"3355\" data-end=\"3402\"><strong data-start=\"3355\" data-end=\"3380\">OMC margin commentary<\/strong> in upcoming results<\/p>\n<\/li>\n<li data-start=\"3403\" data-end=\"3446\">\n<p data-start=\"3406\" data-end=\"3446\"><strong data-start=\"3406\" data-end=\"3444\">India-Russia oil import share data<\/strong><\/p>\n<\/li>\n<li data-start=\"3447\" data-end=\"3477\">\n<p data-start=\"3450\" data-end=\"3477\"><strong data-start=\"3450\" data-end=\"3475\">OPEC response signals<\/strong><\/p>\n<\/li>\n<\/ol>\n<h2 data-start=\"242\" data-end=\"272\"><strong data-start=\"246\" data-end=\"272\">Market Impact Snapshot<\/strong><\/h2>\n<ul data-start=\"274\" data-end=\"621\">\n<li data-start=\"274\" data-end=\"341\">\n<p data-start=\"276\" data-end=\"341\"><strong data-start=\"276\" data-end=\"297\">Crude oil prices:<\/strong> Upside capped due to heavy Russian supply<\/p>\n<\/li>\n<li data-start=\"342\" data-end=\"399\">\n<p data-start=\"344\" data-end=\"399\"><strong data-start=\"344\" data-end=\"366\">India import bill:<\/strong> Strong relief \u2192 macro positive<\/p>\n<\/li>\n<li data-start=\"400\" data-end=\"469\">\n<p data-start=\"402\" data-end=\"469\"><strong data-start=\"402\" data-end=\"418\">OMC margins:<\/strong> Expansion tailwind \u2192 bullish for BPCL, HPCL, IOC<\/p>\n<\/li>\n<li data-start=\"470\" data-end=\"547\">\n<p data-start=\"472\" data-end=\"547\"><strong data-start=\"472\" data-end=\"494\">Upstream earnings:<\/strong> Realisation pressure \u2192 cautious on ONGC, Oil India<\/p>\n<\/li>\n<li data-start=\"548\" data-end=\"621\">\n<p data-start=\"550\" data-end=\"621\"><strong data-start=\"550\" data-end=\"573\">Nifty Energy trend:<\/strong> Range-bound \u2192 stock-specific trading favoured<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"676\" data-end=\"795\">Russia\u2019s oil discount war is bearish for crude, bullish for Indian macros, and selectively positive for OMC stocks.<\/p>\n<h2 data-start=\"3801\" data-end=\"3837\">Trader Take<\/h2>\n<p data-start=\"3839\" data-end=\"3921\"><strong data-start=\"3839\" data-end=\"3921\">Russia\u2019s forced discount strategy is quietly reshaping global crude economics.<\/strong><\/p>\n<p data-start=\"3923\" data-end=\"4014\">For Indian markets, this is <strong data-start=\"3951\" data-end=\"4014\">not geopolitical noise\u2014it\u2019s a margin and inflation trade.<\/strong><\/p>\n<ul data-start=\"4016\" data-end=\"4233\">\n<li data-start=\"4016\" data-end=\"4079\">\n<p data-start=\"4018\" data-end=\"4079\"><strong data-start=\"4018\" data-end=\"4030\">Traders:<\/strong> Focus on <strong data-start=\"4040\" data-end=\"4077\">OMC momentum + crude range trades<\/strong><\/p>\n<\/li>\n<li data-start=\"4080\" data-end=\"4151\">\n<p data-start=\"4082\" data-end=\"4151\"><strong data-start=\"4082\" data-end=\"4096\">Investors:<\/strong> Use energy dips selectively\u2014avoid upstream chasing<\/p>\n<\/li>\n<li data-start=\"4152\" data-end=\"4233\">\n<p data-start=\"4154\" data-end=\"4233\"><strong data-start=\"4154\" data-end=\"4172\">Macro players:<\/strong> Falling oil risk supports <strong data-start=\"4199\" data-end=\"4233\">Nifty stability &amp; INR strength<\/strong><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"4235\" data-end=\"4345\"><strong data-start=\"4235\" data-end=\"4251\">Big Picture:<\/strong><br data-start=\"4251\" data-end=\"4254\" \/>This is a <strong data-start=\"4264\" data-end=\"4292\">price war, not diplomacy<\/strong>\u2014and price wars always end by <strong data-start=\"4324\" data-end=\"4345\">changing winners.<\/strong><\/p>\n<h2 data-start=\"4235\" data-end=\"4345\">FAQs<\/h2>\n<p data-start=\"288\" data-end=\"492\"><strong data-start=\"288\" data-end=\"347\">Q1. Why is Russia offering such deep oil discounts now?<\/strong><br data-start=\"347\" data-end=\"350\" \/>Russia is prioritizing export volumes over revenues to sustain cash flows amid sanctions, shrinking reserves, and rising war-related expenses.<\/p>\n<p data-start=\"494\" data-end=\"687\"><strong data-start=\"494\" data-end=\"560\">Q2. How do Russia\u2019s oil discounts impact Indian stock markets?<\/strong><br data-start=\"560\" data-end=\"563\" \/>Lower crude costs improve margins for oil marketing companies, ease inflation pressure, and support broader Nifty stability.<\/p>\n<p data-start=\"689\" data-end=\"852\"><strong data-start=\"689\" data-end=\"759\">Q3. Which Indian stocks benefit the most from cheaper Russian oil?<\/strong><br data-start=\"759\" data-end=\"762\" \/>BPCL, HPCL, IOC, and Reliance Industries gain via improved refining and marketing margins.<\/p>\n<p data-start=\"854\" data-end=\"997\"><strong data-start=\"854\" data-end=\"917\">Q4. Which stocks face pressure due to falling crude prices?<\/strong><br data-start=\"917\" data-end=\"920\" \/>ONGC and Oil India may see earnings compression as crude realizations weaken.<\/p>\n<p data-start=\"999\" data-end=\"1187\"><strong data-start=\"999\" data-end=\"1073\">Q5. Will Russia\u2019s discounting strategy keep Brent crude prices capped?<\/strong><br data-start=\"1073\" data-end=\"1076\" \/>Yes. Aggressive discounting increases global supply pressure, limiting Brent\u2019s upside beyond the $80\u2013$85 range.<\/p>\n<p data-start=\"1189\" data-end=\"1354\"><strong data-start=\"1189\" data-end=\"1236\">Q6. Is this trend short-term or structural?<\/strong><br data-start=\"1236\" data-end=\"1239\" \/>If sanctions persist, Russia\u2019s discount-led export model could become structural, reshaping global oil trade flows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russian oil discounting intensified sharply this week, as President Vladimir Putin slashed crude prices further to keep exports flowing, draining Moscow&#8217;s war chest and reshaping global oil trade flows. The move is rattling energy markets because Russian oil exporters are now sacrificing revenue stability to preserve market share, increasing near-term crude supply pressure, a shift [&hellip;]<\/p>\n","protected":false},"author":11,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1370],"tags":[],"ppma_author":[1523],"class_list":{"0":"post-21105","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-economy-blog"}," _eael_post_view_count":0,"authors":[{"term_id":1523,"user_id":11,"is_guest":0,"slug":"nikki","display_name":"Nikki Lodha","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/ae2e265bd56e0e890c866fbaa55d29846ba20cc5372adf666652268816af117e?s=96&d=mm&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/21105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=21105"}],"version-history":[{"count":3,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/21105\/revisions"}],"predecessor-version":[{"id":21109,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/21105\/revisions\/21109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/21106"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=21105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=21105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=21105"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=21105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}