Following Tuesday’s market rebound, analysts are offering insights on key stocks. Vedanta shows strength above Rs 370, with potential upside beyond Rs 390. HCL Tech maintains a strong uptrend, favoring a buy-on-dips strategy. Conversely, Delhivery remains bearish, with analysts advising caution until it surpasses Rs 268.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and