Jefferies maintains a “Buy” rating on Shriram Finance with a target of Rs 3,670, citing strong growth. JPMorgan holds a “Neutral” stance on HDFC Bank at Rs 1,750, acknowledging its “safe haven” status but highlighting growth concerns. UBS reiterates a “Sell” rating for Hero MotoCorp at Rs 3,430, anticipating intensified EV competition and financial pressures.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to