This optimism on the stock is largely linked to the changing business dynamics in the sector. For the coming quarters, the earnings prospects of India’s hotel industry look quite bright. This is because of favourable demand-supply dynamics. The supply of hotels is expected to be weak while the demand for rooms is likely to improve further.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500