Citigroup maintained a sell rating on Wipro post Q4 results, while UBS upgraded Voltas to buy and Investec recommended a hold on HDFC Bank with a reduced target price. Dixon Technologies received a buy rating from Investec.
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists.
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