Rating on ICICI Prudential, JPMorgan remained underweight on D-Mart and Tata Elxsi, BofA Securities maintained its buy rating on Federal Bank and Citigroup maintained sell call on Shree Cement.
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers
Indian equity markets are poised for further gains, with Nifty aiming for 25,000 if it holds the 23,800 support. Banking and defence sectors are highlighted
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