Jefferies maintained a buy rating on Max Financial and Polycab India based on their healthy growth trajectory, benefiting from the infra/capex/housing revival. Macquarie retained its underperform rating on Berger Paints, which reported slower Q4 sales performance, due to Grasim’s entry. But it maintained an outperform rating on HDFC Life, citing the management’s confidence in consistently delivering above industry APE growth and achieving 17-20% growth in the APE and VNB segments, despite regulatory changes and heightened competitive intensity.
Concurrent losers: 14 smallcap stocks decline for 5 consecutive sessions
Over the five trading sessions ending March 20, the Sensex benchmark remained largely flat with a slight negative bias, slipping just 31 points to close
March 21, 2026