Jefferies lowered its rating on BSE, while Morgan Stanley upheld an overweight rating on InterGlobe Aviation and Tech Mahindra. Additionally, Kotak Securities advised selling shares of Yes Bank.
RBI probing banks’ derivatives books amid IndusInd fallout, sources say
India’s central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources