Brokerage firm Jefferies downgraded Coforge, and maintained a buy rating on Bajaj Finance and a buy call on ONGC. Morgan Stanley maintained an Equal Weight rating on Federal Bank.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to