Equity markets remain range-bound at 24,800–25,000, with short-term pullbacks amid foreign investor selling and tariff concerns. Anshul Saigal of Saigal Capital says long-term growth remains intact, advising investors to focus on strong businesses. While IT valuations appear expensive with weak growth, opportunities are better in defence, renewables, banking, capital goods, and manufacturing.
Sterlite Tech shares jump 5% after CLSA upgrades 2026 multibagger after strong Q1 results
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.