India’s PSU banks may receive up to $4 billion in passive inflows if the government raises the foreign institutional investment limit to 49%, according to Nuvama Institutional Equities. The move could drive strong rallies in key lenders like SBI, PNB, and Indian Bank, with expectations already boosting valuations.
HDFC Bank, Bharti Airtel among 10 largecap stocks with up to 35% upside potential. Check list
Brokerages remain optimistic on select largecap stocks despite rising geopolitical risks and inflation concerns. Stocks across banking, telecom, auto and infrastructure sectors offer upside potential