Stocks: It may be time to buy stocks surging on oil’s weakness, but ‘expect returns with a lag’

Mumbai: Stocks from sectors such as paints, petrochemicals, speciality chemicals, oil marketing companies (OMCs), aviation, tyre, lubricants, and logistics, among others, are likely to benefit from the sharp fall in the crude prices. Crude oil and crude oil derivatives are key raw materials in these sectors.

Amid recessionary concerns, analysts recommend investors start buying into such stocks on a medium to long-term basis as the correction in crude price will ease the cost of

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