$ONGC

## Sectors & Stocks to Watch **!Oil & Gas Stocks – $ONGC, !OIL** Crude oil prices moved higher following fresh US attacks on Iran, raising concerns over geopolitical tensions and potential supply disruptions in the Middle East. Higher crude prices are generally positive for upstream oil producers such as ONGC and Oil India due to improved realizations and stronger profitability outlook. **Auto Sector** Auto companies may remain in focus after reports suggested that India could notify tighter emission norms during the current fiscal year, with the proposed **BS-VII emission standards** expected to be implemented by 2030. The development could increase compliance and manufacturing costs but may also accelerate EV and cleaner fuel adoption across the sector. ** !BHARTIARTL ** Bharti Airtel could remain under focus after reports indicated that India has temporarily halted Starlink-related approvals amid security concerns linked to the ongoing Iran conflict. The development may support domestic telecom and broadband players by limiting near-term satellite internet competition. **PSU Banking Stocks** Public sector banks continue to witness strong technical momentum supported by improving asset quality, stable credit growth, attractive valuations, and sustained institutional participation. **Fertilizer Stocks** Fertilizer companies may attract attention after reports suggested that the Fertiliser Ministry has sought nearly **100% subsidy support**, estimated at around **₹3 lakh crore**, over and above the budgeted allocation. Increased subsidy support could improve sector liquidity and working capital conditions. ** !AJANTPHARM, !EMCURE** Ajanta Pharma and Emcure Pharma remain in focus after Kotak Mutual Fund reportedly acquired shares, indicating continued institutional interest in quality pharmaceutical businesses.