Billionaire investor Howard Marks, in his interaction during his Mumbai visit, described the current market cycle as unusual, making it difficult to pinpoint its exact start. He believes that despite a long expansion, the absence of extreme booms has kept major downturns at bay. “This is a very unusual cycle because it’s even hard to know when to date the cycle from,” he said.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing