Rate hikes back on the table for India as oil, global yields rise: 3R Investment's Neeraj Seth

3R Investment Management's Neeraj Seth says rising oil prices and a global rush for capital mean Indian rate hikes are likely to return. He sees India's equity story turning bottom-up rather than broad-based, with value concentrated in financials, consumer discretionary, and infrastructure-linked sectors. He also expects the rupee to find stability as the dollar turns weaker.