UBS maintained a sell rating on Bajaj Auto with a target of Rs 5600. e-3W transition dilutive to margins and market share. The global investment bank is of the view that the market is overly confident about Bajaj Auto’s e-3W market share and looted margins.
ETMarkets Smart Talk| Building a Rs 10-lakh portfolio in 2026? Naveen Kulkarni of Axis Securities recommends 50%+ in equities
Indian markets are at record highs. Investors are reviewing asset allocation for the coming year. Naveen Kulkarni of Axis Securities PMS suggests a ₹10-lakh portfolio