Fitch also expects OMCs to incur large marketing losses in FY23 with continuing negative marketing margins as we expect crude oil prices to remain elevated until geopolitical tensions ease while rising inflationary pressure would prevent the OMCs from increasing fuel prices in the near term.
Stay local, stay resilient: Aditya Khemka recommends healthcare, consumption plays
Edelweiss Mutual Fund’s Trideep Bhattacharya expects limited direct impact of US tariffs on India but warns of global ripple effects. He prefers healthcare and domestic
April 12, 2025