A host of domestic brokerage firms have initiated coverage on various stocks from different sectors including consumption, infra, engineering, FMCG and consumer durables, among others. They remain positive on these counters as all eight stocks have a buy rating. Here are the new stocks which brokerages prefer:
Warsh’s gamble: A quieter Federal Reserve could mean volatile markets, higher rates
New Federal Reserve Chair Kevin Warsh is significantly reducing the central bank’s communication, particularly “forward guidance” on interest rates. This move, aimed at making markets