Macquarie and Citigroup have given ratings on HDFC Bank, Dabur India, Aavas Financiers, and Bajaj Finance. Citigroup adjusted targets for Dabur India. Aavas Financiers is aiming for stable RoA, while Bajaj Finance expects NIMs reduction.
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks
Indian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion.