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Broker call● Neutral for Indian equities
The sector in the cross hairs of the bond sell-off looks poised for a bounce, says Mike Khouw
The brief
- Utilities are among the market's hottest sectors, with an interesting tug of war underway
- UN climate chief hails India's Green Energy Corridor-III, says grid strengthening will deliver "big dividends"
- GEC-III offers growth opportunities, but execution rests on state utilities
- India’s power shortfall reaches a three-year peak despite higher coal burn
- PM DHARA's ₹1.86 lakh crore scheme opens multi-year opportunity for transmission companies: Elara's Harshit Kapadia
- Multibagger power stock Transformers & Rectifiers share price jumps 10% after PM-DHARA push - Can the rally continue?