A Rs 2 cut in prices of petrol and diesel per liter on March 15 is likely to reduce gross marketing margins by Rs 1.8-1.9 per litre or 30-45% from the current levels. Before the price cut, the per litre marketing margin was Rs 6.1 on petrol and Rs 3.5 on diesel on the spot basis and it was Rs 9.0 and Rs 2.6 in that order on quarter-to-date basis.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain