Morgan Stanley believes the recent demerger has created two distinct businesses catering to different investor risk appetites.
Nomura's revised Nifty target is a modest 6 per cent higher from the current level of the index. BofA Securities, on the other hand, has not made any change to its year-end Nifty target
While the Indian solar photovoltaic (PV) manufacturing space is an intriguing one, Bernstein sees potential risks.
The uptick initially in the Nykaa share price came after Zurich, Switzerland-based brokerage firm UBS upgraded Nykaa stock to 'Buy', from 'Neutral'
The northward movement in IRCTC share price came after foreign brokerage firm Macquarie initiated coverage with 'Outperform' rating, with a target price of Rs 900
Goldman Sachs, Bernstein, CLSA and Jefferies have retained their positive rating on RIL and believe the selling in the stock is overdone at present levels.
The fall in DMart share price came after the company's September quarter results missed street expectations.
Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget
Some brokerages have reduced target prices after muted Q1 showing
Broking company stocks including Angel One, IIFL Securities, 5Paisa Capital, SMC Global, Motilal Oswal Financial Services and Geojit Financial Services fell in the range of 2-11 per cent
Margins, too, analysts at Nomura added, have multiple tailwinds from higher spare/ service revenue, direct-to-consumer sales, and operating leverage, which will drive expansion
ICICI Securities stressed upon NTPC's position in the increasing total addressable market for power capex, benefiting from both conventional and renewables sectors
Fino Payment Bank, Max Financial, Sula Vineyards and Embassy REIT among top midcap and small-cap stocks by CLSA.
With today's sharp rally, technically ITC is seen trading close to its long-term moving average on the daily charts.
Analysts at Goldman Sachs, Bernstein and Morgan Stanley believe that Paytm can rally up to 75 per cent in a bull case scenario
Among markets, investors preferred India and Taiwan apart from Japan, while avoiding Thailand and China, the survey suggested.
Jefferies downgraded the stock to 'hold' from 'buy' earlier with a target price of Rs 430, down a huge 17.3 per cent from its earlier price target of Rs 520.
Analysts at Jefferies beleive the stock could top the Rs 600-mark, an upside of over 34 per cent from current levels
The Citi group had initiated coverage on the stock, with a 'Buy' rating and a target price of Rs 425 per share.