Brokerage firm CLSA maintained a sell rating on JSW Energy, UBS upgraded Havells India to a buy rating, Bernstein maintained an outperform rating on HDFC Bank, and Nuvama retained a hold rating on Sheela Foam. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on JSW Energy: … Read more
Against this backdrop, key themes such as infra, BFSI, FMCG, and metals will be in focus in the run-up to the Budget and thereafter. The brokerage expects the overall capital expenditure for the infra segment in the Budget to increase by 20% year-on-year (YoY). The focus will be on the development activities such as roads … Read more
Global cues kept the market under pressure last week. On the weekly timeframe, Nifty closed on a negative note following the formation of a bearish evening star candlestick pattern. On the sectoral front, metals and PSBs led the rally, while IT turned green after continued selling pressure on Friday. Here’s how analysts read the market … Read more