The MPC minutes reveal a cautious stance, with some members acknowledging room for an August rate cut, while Governor Malhotra highlighted external growth challenges. Uncertainty surrounding trade policies and the impact of past easing measures influenced the decision to maintain the status quo. Members opted to wait and assess the full transmission of previous policy actions before considering further cuts.
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