Sachin Shah highlights the preference for private sector banks due to their valuations and easing liquidity, along with a rebound in the rural market. He emphasizes the importance of identifying strong businesses with solid balance sheets and acknowledges the challenges posed by new tariffs on exports. Despite global inflationary pressures, domestic and export-oriented businesses with strong value propositions may thrive.
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