Valuation guru Aswath Damodaran believes there are more dominos waiting to fall in the US banking business, with banks that have grown the most in the last few years at the most risk.
REC, PFC shares rally up to 3% after Morgan Stanley initiates coverage with overweight rating
The global brokerage has assigned a price target of Rs 485 for REC and Rs 508 for PFC, indicating potential gains of 23% and 21%,