Surging global oil and gas prices are tightening the screws on India’s economy, with brokerages warning of rising fiscal stress, persistent inflation risks and pressure across the energy value chain. While the government’s Rs 10-per-litre excise duty cut on petrol and diesel offers partial relief, analysts at Motilal Oswal Securities and Goldman Sachs caution that…

Prashant Jain, Founder & CIO of 3P Investment Managers, is more comfortable with largecaps. He believes small and midcaps have run ahead of fundamentals over the past couple of years, and even after the correction, valuations are not compelling at a category level. 2 Min Read At a time when markets are swinging between optimism…