Indian markets are expected to face several headwinds over the next 12 months including elevated US interest rates, El Nino’s impact on crops and inflation, volatile crude and the election year in India, Prabhudas Lilladher said in a note. As it picks a dozen stocks in large, mid and smallcap segments as buys, it also gives four stocks as contra buy and sell candidates. Take a look!
Kotak Mahindra MF, Citigroup, others buy 10.64% stake in Home First Finance for Rs 1,307 crore
Kotak Mahindra MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius are among those entities that collectively bought a 10.64 per cent stake in Home