The Reserve Bank of India has warned of risks to the Indian economy due to rising crude oil prices, which are currently above $90 per barrel. While retail inflation has been brought down by lower vegetable prices, the report highlights the challenge posed by high oil prices. However, economists expect inflation to continue slowing in September, driven by further corrections in vegetable prices.
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility
December 23, 2024