Macquarie maintained underperform on United Spirits, CLSA downgraded Sun TV. Pernod India saw ~7% sales growth in Q3. United Spirits saw market share losses to Radico. Sun TV’s subscriptions-led revenue was a surprise. Morgan Stanley remained overweight on M&M and HDFC Bank. HDFC Bank announced plans for new product launches.
What to do with Bajaj Auto, DMart, Manappuram Finance and 3 other stocks? Aamar Deo of Angel One decodes
Most of the technical and derivatives indicators point towards a consolidation this week, with markets likely to be further driven by quarterly earnings, FII flows,