Kotak AMC’s Nilesh Shah notes that global support and potential US warnings have eased market concerns following geopolitical tensions. Strong FPI inflows, returning sooner than expected, and robust domestic flows are driving the market’s upward trend. The Indo-UK FTA, which opens up UK export markets, further boosts market confidence, overshadowing potential worries.
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