JPMorgan retains overweight rating on LIC Housing Finance, Nomura favors buy rating on Info Edge, BofA Securities suggests buying Biocon, and Jefferies upgrades M&M to buy.
Global Market: South Korea’s Elice shares plunge 28% in market debut as data centre stocks shunned
Elice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business software and plans