Airline stocks, currencies of oil-importer nations and bond yields are just a handful of the asset classes already starting to reflect the reality of Brent at $95 a barrel. Meanwhile, strategists from Goldman Sachs Group Inc. and Barclays Plc have rolled out macro reports telling clients how to trade the energy price shock.
Adani Power shares may rally 18%, positioned as a pure play in India’s thermal power space: InCred Equities
InCred Equities has initiated coverage on Adani Power with an ‘add’ rating and a target price of Rs 649, citing a potential 17.8% upside. The