Hot Stocks: Brokerages on Bharti Airtel, DMart, MGL, Cummins, Bajaj Finance and IRB Infra

Hot Stocks: Brokerages on Bharti Airtel, DMart, MGL, Cummins, Bajaj Finance and IRB Infra

US brokerage Jefferies has maintained a buy view on Bharti Airtel and MGL while Cummins India received a ratings upgrade from HSBC. Among other notable brokerage actions, BofA reiterated a buy view on NBFC play Bajaj Finance while CLSA initiated a coverage on Avenue Supermarts. Kotak Securities also upgraded IRB Infrastructure to ‘Add’ from an … Read more

PFC, HDFC AMC, Cummins likely to enter MSCI Global

PFC, HDFC AMC, Cummins likely to enter MSCI Global

Mumbai: Stocks of Power Finance Corporation, HDFC Asset Management Company, IDFC First Bank, Ashok Leyland, Cummins India, and Astral are likely to be included in the MSCI Global Standard Index in its forthcoming rejig to be announced on August 11, according to Nuvama Alternative & Quantitative Research. IDFC First Bank is expected to see inflows … Read more

MSCI quarterly review in August may see Cummins and 3 others entering India index

MSCI quarterly review in August may see Cummins and 3 others entering India index

In the upcoming quarterly index review by MSCI Inc, Cummins India, and IDFC First Bank have a high probability of entering the India index, according to Emkay Alternative and Quantitative Research.Global index aggregator MSCI Inc will announce the results of its quarterly review on August 10, and the changes, if any, will come into effect … Read more