A host of domestic brokerage firms have initiated coverage on various stocks from different sectors including consumption, infra, engineering, FMCG and consumer durables, among others. They remain positive on these counters as all eight stocks have a buy rating. Here are the new stocks which brokerages prefer:
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with