Hot Stocks: Brokerages on Power Grid, NTPC, BEL and Dabur

Hot Stocks: Brokerages on Power Grid, NTPC, BEL and Dabur

Brokerage firms like Goldman Sachs have a buy rating on Power Grid and NTPC, while Macquarie has an outperform rating on BEL. UBS has downgraded Dabur to neutral from buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on Power Grid: Buy | Target price: … Read more

Nifty overvalued by 20%, says Kotak Equities, picks Britannia, NTPC for its All-Season portfolio

Nifty overvalued by 20%, says Kotak Equities, picks Britannia, NTPC for its All-Season portfolio

With a nearly 20% rally in 2023, Nifty is overvalued by as much, according to a report by Kotak Institutional Equities. The brokerage remains wary of an absolute return potential of the market from the current levels as it replaces ITC and Larsen & Toubro (L&T) with Britannia and PSU stock NTPC from its concentrated … Read more