Goldman Sachs downgraded Infosys to sell with a target price of Rs 1244. The global investment bank is of the view that the valuations are still high and not factoring in a downcycle ahead.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders