HSBC’s Strategy for India: – FII inflows into Indian equities reached $21 billion by the end of 2023, with expectations for further growth. Target remains […]
Category: Brokerage Reports
Brokerage Reports on Bharti Airtel, Indus Towers, GAIL, Bank of India, Zomato, QSRs, HCLTECH, Defense Sector, COFORGE, and Manappuram Fin
JEFFERIES ON TELECOM: – Bharti Airtel is favorably positioned, maintaining a “Buy” rating with a target price increase to Rs 1,300 from Rs 1,085.– Indus […]
Polycab Shares Plunge 21%, Wiping Out Rs 15,500 Crore in Investor Wealth: FPIs Hit Hard Amid Income Tax Raid Fallout
• Foreign portfolio investors incurred a loss exceeding Rs 1,900 crore as Polycab shares dropped by 21% following an income tax raid. • The market […]
Stock Brokerage Reports Overview: Infosys, TCS, Polycab, Macrotech, HDFC AMC, and India’s OMCs/Oil & Gas Sectors, etc.
• Infosys: 1. INCRED: Upgrades Infosys to Add from Hold, raising target price to ₹1,668 from ₹1,496. 2. Jefferies: Maintains Buy on Infosys, increases target […]
India’s Economic Snapshot: CPI Uptick, Financial Indicators Shift, and Industrial Production Declines
India’s Economic Overview: December Data Highlights 1. CPI Trends: – In December, India’s Consumer Price Index (YoY) rose to 5.69%, indicating a slight uptick from […]
Vibrant Gujarat 2024 Highlights:
During Vibrant Gujarat 2024, Memorandums of Understanding (MOUs) worth a staggering ₹45.2 lakh crore were inked, surpassing the 2019 edition which saw 28,300 MOUs and […]
Fitch Ratings Affirms India’s ‘BBB-‘ Rating: Robust Growth Amid Fiscal Challenges and ESG Considerations
Rating Overview:Fitch Ratings has affirmed India’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook. This decision is influenced by several key […]
HDFC Bank Bullish: CLSA targets 2025, Morgan Stanley aims for 2110. Brokerage reports reveal insights on Bajaj Finance, L&T Tech, Gail, and Cement Sector
CLSA on HDFC Bank:– Maintains Buy; Raises target price to ₹2025 from ₹1900.– Trims loan growth estimate from 17%-18% to 15% due to deposit challenges.– […]
2024 Outlook: Morgan Stanley Bullish on Indian Equities Amid Political Stability and Global Volatility
Morgan Stanley is optimistic about India’s economic outlook in 2024, projecting a 14% increase in the S&P BSE Sensex by December. This growth is contingent […]
Brokerage Reports: 13th December 2023
CLSA has given ITC an Outperform rating, setting a target price of Rs 494. Insights from the analyst meeting highlight a focus on strengthening the […]
Stocks in News: 13th December 2023
Sunteck Realty plans to conduct a block deal today, selling treasury shares worth Rs 284 crores, with Starlight Systems and Sadguru Info selling up to […]