Jefferies maintains a hold stance on Mahindra & Mahindra Financial Services for a target price of Rs 295. In its stock review, the US-based brokerage said that M&M Financial’s loan growth momentum remains healthy while margins are likely to remain range-bound in FY24.
Fed hike, rising US yields could trigger fresh selloff in Indian stocks
The Federal Reserve’s potential rate hike looms over global markets. US 10-year sovereign yields nearing five percent pose a significant challenge. This rise makes emerging