Brokerage firms delivered varied ratings: CLSA on Jubilant Foodworks with underperform, Jefferies held Trent with an increased target, Citi saw buying potential in Grasim, and Kotak Equities advised selling Siemens. Jefferies continued a buy rating on Honasa. Each rating reflected recent performance and anticipated market trends.
Investors not inclined to ‘sell India buy China’ but to ‘sell India buy USA’: Samir Arora
Samir Arora cautioned investors not to get overly excited by CLSA’s increased allocation to India. He believes that investors were shifting to the US, not