Morgan Stanley believes that improvement in the energy business is key to raising investor confidence in the conglomerate’s earnings. Over the past 6 months, volatility in energy markets, investments in 5G telecom services, absence of tariff hikes, and higher global rates have driven a 6% cut in consensus estimates for RIL, reversing the trend of upgrades seen in the first half of 2022.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may
September 30, 2026