Brokerages suggest that liquor stocks, particularly United Spirits and Radico Khaitan, may see an upside potential of up to 19% due to strong Q3 earnings forecasts, a softer base effect, beneficial regulatory changes in Andhra Pradesh, and a rise in demand for premium products.
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk