Among global brokerages, CLSA has a buy call with a target price of Rs 1,040 on ICICI Bank. Jefferies has set a target price of Rs 1,080. Morgan Stanley has an overweight rating with a target of Rs 1,040. These targets suggest an upside potential of up to 35 per cent of Monday’s closing price of Rs 800.90.
Nilesh Shah on why you should never predict the market
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.
June 3, 2023