Jefferies and Morgan Stanley have released their recommendations on various companies. Jefferies maintained a buy rating and a target price of Rs 1550 on IndusInd Bank. Meanwhile, Morgan Stanley maintained its overweight stance and target price of Rs 125 on Bank of India. For Britannia Industries, Morgan Stanley suggested buying with a target price of Rs 5300, while Jefferies gave a buy rating on the firm’s shares. However, it remained underweight on Aditya Birla Fashion with a target price of Rs 195, despite the lower-than-anticipated balance sheet impact.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to
April 5, 2025