A host of brokerage firms, including global and domestic, have initiated coverage on several stocks. They are bullish on these companies, which include Hindustan Construction, L&T Finance, and PTC Industries with a targeted upside of up to 34%. Here is a list of 5 stocks on which brokerages initiated coverage:
Retail inflation at 6.2 per cent dims early rate cut hopes
India’s retail inflation unexpectedly jumped to a 14-month high of 6.2% in October, driven by soaring vegetable, fruit, and edible oil prices. This surge breaches