Brokerages remain selective on India's energy sector, favouring companies with strong growth drivers and attractive valuations. Morgan Stanley continues to back Reliance Industries as a top pick, while maintaining an underweight stance on Oil India. Motilal Oswal remains bullish on Mahanagar Gas, citing robust demand and volume growth prospects.

Brokerages remain selective on India's energy sector, favouring companies with strong growth drivers and attractive valuations. Morgan Stanley continues to back Reliance…

Morgan Stanley maintained its overweight rating on Reliance Industries with the target price maintained at Rs 1,803. The stock is the top pick among the analysts at the brokerage…