Jefferies maintained a buy rating on Max Financial and Polycab India based on their healthy growth trajectory, benefiting from the infra/capex/housing revival. Macquarie retained its underperform rating on Berger Paints, which reported slower Q4 sales performance, due to Grasim’s entry. But it maintained an outperform rating on HDFC Life, citing the management’s confidence in consistently delivering above industry APE growth and achieving 17-20% growth in the APE and VNB segments, despite regulatory changes and heightened competitive intensity.
Decoding gold rally: Why yellow metal surged 15% in one month and should bullion be in your portfolio?
Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buying, expectations
August 26, 2026