Morgan Stanley has initiated ‘Overweight’ ratings on Power Finance Corporation (PFC) and REC, foreseeing significant upside potential of 18% and 22% respectively. The brokerage anticipates these stocks to outperform NBFC peers in asset quality and loan growth.
Nifty’s 5-day fall may be nearing a reversal; Anand James maps key levels for this week
The consecutive falls that resigned Nifty to a close below lower bollinger band on Friday raises the prospects of a mean reversion move. Further, 20-week