Ahead of Q2FY24 earnings, a host of brokerages have initiated coverage on several counters. They see a strong potential for value unlocking in these companies with a targeted upside of up to 40%.
US stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and raised the possibility of more aggressive tightening.
Wells Fargo upgraded its outlook on US AI infrastructure stocks to neutral from negative, citing improved valuations after a steep semiconductor sell-off. However, it warned
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