JPMorgan maintained an overweight rating on L&T with a target price of Rs 2480. The capex cycle is trending strong. The global investment bank expects the FY24 core revenue guidance to be robust.
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3