The S&P has been in a bear market since plummeting early this year as investors priced in the expectation of aggressive Federal Reserve interest rate hikes, but the index has rallied strongly since June, regaining half its losses for the year.
The brokerage said Bharti Hexacom (BHL) offers a way to invest in those parts of Airtel’s businesses that are growing faster, have higher ROCE and
Morgan Stanley began covering Varun Beverages with an overweight rating, while it upheld an Equal Weight rating on Apollo Tyres. Jefferies reaffirmed a buy rating
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