Brokerages like Citi and Choice Institutional Equities are optimistic about the pharmaceutical and flexible workspace sectors. Citi maintains a ‘Buy’ on Lupin and Sun Pharma, citing strong US growth and product pipelines. Choice Institutional Equities initiates ‘Buy’ coverage on Smartworks, highlighting India’s booming flexible workspace market and the company’s strong position for significant expansion.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj