Market observers cite U.S. President Donald Trump’s anticipated tariff announcements on April 2 as the key factor driving market uncertainty. “If the tariffs are less severe than expected, sectors linked to global trade, such as pharmaceuticals and IT, could see a rally. However, if the measures are harsh, we may face another round of correction,” said Dr. VK Vijayakumar.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing