JP Morgan maintained an overweight rating on Cyient, targeting Rs 2,100. BofA continued to favor Varun Beverages with a target of Rs 1,840, citing strong fundamentals. UBS retained a buy rating on Avenue Supermarts, setting a target price of Rs 6,000 due to strong demand and sales growth.
Economy revving but inflation gauge flashing red: RBI’s Das
RBI Governor Shaktikanta Das stated that India’s economy remains robust but warned of escalating inflation, potentially surpassing September’s 5.5%. He indicated that high inflation might