Hot Stocks: Axis Capital upgrades Infosys; Investec reiterates sell on Wipro

December 11, 2024

Investec maintained a “Sell” rating on Wipro, foreseeing limited downside but improved capital allocation. Axis Capital upgraded Infosys to “ADD”, citing growth stability and efficiency gains. Goldman Sachs reiterated a “Sell” on D-Mart due to rising competition and market penetration limitations.

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