Hot Stocks: Brokerages on Tata Steel, Britannia Industries and Eicher Motors

September 26, 2022

Indian flat steel prices declined by 19% from the June quarter average. The global investment bank sees a downside risk as Indian prices are still 6-11% above import parity. The global investment bank downgraded Indian steel in January and believes it is still early to turn constructive.

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Lokpal clears Buch of conflict of interest allegations based on Hindenburg report

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US Federal Reserve flags inflation, unemployment risks

US Federal Reserve officials anticipated potential economic challenges. Rising inflation and unemployment were concerns discussed in their last meeting. Staff projections indicated increased recession risks.

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