CLSA maintained a sell rating on Vodafone Idea with a target price of Rs 7. There is a continued share loss even in priority circles.
ETMarkets Smart Talk | IT, Pharma face global headwinds; Banks and Telcos offer safety: BNP Paribas’ Abhiram Eleswarapu
The recent market drawdown may have already factored in some but not all potential earnings cuts, especially in globally exposed sectors such as IT services