World-beating Indian energy stocks rally has fuel for more gains

World-beating Indian energy stocks rally has fuel for more gains

Expectations of increased dividend payouts and strong local demand may be the foundation of an ongoing bull run in India’s oil and gas businesses. With a 31% increase this year, the Nifty Energy Index—a local sector benchmark—is headed for a nine-year winning run. Half of the top 10 performances on the Bloomberg gauge, which tracks … Read more