Axis Securities has identified three stocks – Bank of India, Tata Steel, and HCL Tech – with strong technical setups for potential short-term gains of up to 19%. These picks are based on favorable risk-reward trends and recent chart breakouts, suggesting opportunities amid market volatility.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of