CLSA believes Reliance Industries’ stock presents a good buying opportunity at its current price, predicting a potential 30% rise. Despite recent declines attributed to delays in Jio and Retail IPOs, the firm emphasizes the upcoming launch of new energy projects as a significant catalyst.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise