Tata Motors faces investor patience test as it trades at a significant discount. Technically range-bound, analysts suggest monitoring key levels for potential breakouts. JLR’s tariff relief offers a glimmer of hope, but margin concerns persist. The stock’s direction hinges on JLR’s performance and overcoming technical resistance, with cautious optimism for the festive season.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,