Brokerage Nomura maintained a neutral rating on Persistent Systems, Investec maintained a buy on Natco Pharma and initiated a buy on Entero Healthcare. CLSA downgraded RIL to outperform. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on Persistent Systems: Neutral| Target Rs 3400 Nomura maintained a … Read more
Here’s a look at some of the latest stock recommendations by analysts. These stocks are expected to return between 18% and 59% as per analysts’ price targets. Dr Lal Pathlabs BROKERAGE MORGAN STANLEY Price Target: Rs 2,681 CMP: Rs 2,266 Upside: 18% Initiate coverage with ‘overweight’ given strong execution track record, brand recall Will sustain … Read more
Brokerage Citigroup maintained a sell rating on Wipro, Morgan Stanley recommended an Equal-Weight rating on HDFC AMC, Investec recommended a buy on Dixon Technologies and a hold on HDFC Bank post Q4 results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Investec on HDFC Bank: Hold | … Read more
Brokerage Citigroup maintained a buy rating on HDFC Life, and JPMorgan remained overweight on Bajaj Auto and Infosys. Citigroup recommended a sell on TVS Motor. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on HDFC Life: Buy| Target Rs 710 Citigroup maintained a buy rating on … Read more
Indian market is likely to consolidate on Tuesday tracking weak global cues. The Nifty future closed negative with losses of 1.05% at 22364 levels on Monday. India VIX was up by 8.11% from 11.53 to 12.47 levels. Volatility spiked during the day on account of weak global sentiments but is comparatively still at lower levels. … Read more
Brokerage firm Morgan Stanley initiated coverage on Varun Beverages with an overweight rating and maintained an Equal Weight rating on Apollo Tyres. Jefferies maintained a buy rating on IDFC First and JPMorgan upgraded HDFC AMC to overweight. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley … Read more
India is set to exit FY24 with a GDP of USD 3.6 tn and an underlying growth of 7.6%+. Capital markets signed off FY24 with a stellar 29%/60%/70 % returns in Nifty/Nifty Midcap 100/Nifty Smallcap 100. India’s market cap has reached $4.4tn, making it the fifth largest in the world. India’s capital markets have witnessed … Read more
Having compounded at a healthy CAGR of 15.85% since inception in 1949, Sensex scaled the 75,000 peak this week with bulls predicting that the 1 lakh milestone will come within the next five years. Market guru Raamdeo Agrawal has even predicted that the headline index should touch 1.5 lakh by 2029. Describing Sensex as the … Read more
Brokerages Jefferies, Goldman Sachs and JM Financial have initiated coverage on Entero Healthcare, CreditAccess and Bharti Hexacom, respectively. Meanwhile, Axis Capital and Investec have downgraded InterGlobe Aviation. CLSA has retained a buy on PVR Inox. We have collated a list of recommendations from top brokerage firms from ETNow: Jefferies on Entero Healthcare: Buy | Target: … Read more
Brokerage firm BofA Securities has an underperform rating on Paytm while Morgan Stanley recommends an overweight stance on Maruti Suzuki. Meanwhile, JPMorgan has an overweight rating on Exide Industries and BofA Securities upgraded Infosys to buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: BofA Securities on … Read more
