Anand Rathi initiates coverage on 6 hospital stocks, recommending ‘buy’ for Max Healthcare, Rainbow Children’s Medicare, KIMS, and Jupiter Life-Line Hospitals, while suggesting ‘hold’ for Global Health (MEDANTA) and Narayana Hrudayalaya. They cite India’s healthcare market potential, driven by demographic changes and non-communicable diseases, forecasting 15% CAGR to Rs 7.7 lakh crore by FY25.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian stock markets saw a sharp decline for the third consecutive day on Friday. Metals, auto, and financial stocks led the fall. The ongoing Iran-Israel/US