Top brokerage firms have varied recommendations: Nomura recommends buying Axis Bank with a target of Rs 1,380; Morgan Stanley downgrades Manappuram Finance to equal-weight with a new target of Rs 170; Jefferies holds on Havells, cutting the target to Rs 1,870; and Macquarie rates Wipro as outperform with a target of Rs 670.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend