The Indian IT sector’s recent interest is seen as tactical, not structural, as banking stocks show fatigue. Rising crude oil prices are driving inflation, potentially pushing WPI higher and forcing the RBI to consider rate hikes amid currency pressure. This suggests a shift towards a stagflationary environment of slower growth and higher inflation.
S&P Global revises IPO-bound Oyo parent Prism’s outlook to ‘Positive’
S&P Global Ratings has declared a Positive outlook for Prism, suggesting a promising trajectory for OYO’s parent company. This optimistic assessment comes with the expectation
June 10, 2026