Nomura has kept a ‘Buy’ rating on Axis Bank, highlighting its attractive valuations and strong RoA/RoE outlook, with a target price of Rs 1,230, implying a 20% upside.
Indian markets surged on Wednesday, reversing Tuesday’s losses, buoyed by falling crude oil prices and a positive sentiment from the monsoon’s arrival. Key sectors like
Textile exporter stocks witnessed a significant rally on Wednesday, boosted by positive initiation of coverage from Motilal Oswal Financial Services. The brokerage highlighted capacity expansion
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