Sensex records its worst monthly fall since the Covid-19 crash with a 5% drop in October. FII outflows, IPOs, QIPs, and muted Q2 earnings contribute to the decline. Analysts suggest corrections are likely but a major crash is unlikely due to strong domestic liquidity.
ITC Hotels shares may rally by 30% led by strong franchise: Jefferies
ITC Hotels: Jefferies initiated coverage on ITC Hotels (ITCH) with a ‘buy’ rating and a target price of Rs 240, citing strong growth potential. It