Ambit has initiated a ‘Sell’ rating on Bajaj Housing Finance, targeting Rs 85, citing valuation concerns amid competition in the mature home loans sector, despite recent growth in AUM and loans.
Axis Max Life CIO Sachin Bajaj sees Indian equities entering a favourable phase as earnings recover, valuations moderate and domestic flows remain strong. He favours
India-focused offshore funds and ETFs delivered returns of up to 32.7% over three months, outperforming the MSCI India USD Index, which fell 12%. Taishin India
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