Nomura said India’s terminal repo rate in this tightening cycle may rise to 6.1% by March 2023, against its earlier terminal rate projection of 6%. The repo rate currently stands at 5.4%.
Hot Stocks: Brokerage view on Max Financials, Pidilite, JSW Energy and PB Fintech
Morgan Stanley rates PB Fintech as Equal Weight, Jefferies suggests buying JSW Energy, Goldman Sachs reaffirms its buy rating on Pidilite Industries, and UBS recommends