Who wins from cheaper oil? These sectors could see the biggest earnings surprise

According to Sunny Agrawal, head of fundamental research at SBI Securities, aviation could be a key beneficiary, given that fuel accounts for nearly 40% of airline operating costs. With jet fuel prices easing and policy support remaining strong, IndiGo, India’s largest airline, could see earnings upgrades over the next one to two quarters, Agarwal said.…

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