Citigroup reaffirmed its buy rating on RR Kabel, while JPMorgan remains overweight on RIL. Axis Capital upgraded Indigo to buy, and Jefferies retained a buy rating on Tata Steel.
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.
Bank of America Securities upgraded Swiggy to buy, citing its stronger balance sheet after a major fundraise, rising cash generation in food delivery, and potential
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