Brokerages remain bullish on select stocks despite near-term challenges. Motilal Oswal maintains a Buy on LG Electronics India citing strong demand, while Nuvama backs PG Electroplast despite LPG disruptions. JM Financial sees long-term upside in Belrise Industries following its strategic acquisition in the aerospace and defence segment.
Who is Atanu Chakraborty? The man behind HDFC Bank’s Rs 1 lakh crore market cap wipeout
HDFC Bank’s share price plummeted by up to 9%, wiping out over Rs 1 lakh crore in market value following the resignation of its part-time