Edelweiss said the stock has the potential to return 30-40% in the next 7 to 12 months after receiving the in-principle – albeit conditional – nod from India’s anti-trust regulator for the merger with Sony. The brokerage has raised its price target on the stock to ₹390 from ₹370.
‘On the edge…’: What social media conversations reveal about the current market mood
Social media analysis reveals bleak market sentiments among investors and experts. Market veteran Shankar Sharma highlights that the downturn is local and needs local solutions.