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Several global and domestic brokerage firms have initiated coverage on various stocks, expressing bullish sentiment on companies such as Trent, Tata Power, Power Grid, and JSW Energy, with a potential upside of up to 27%. Heres a list of seven stocks on which brokerages have initiated coverage:
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This feeds into the consumer cycle as well. So, the setup in terms of the corporate and economic background is very good. However, in the past two years, because of the sharp rally, some areas have become a little expensive. Thats why markets are now looking for milestones.
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Union Minister Piyush Goyal outlines how the Make in India initiative has transformed India's manufacturing sector over the past decade. He credits government reforms like GST, IBC, and ease of doing business for this success. Goyal also emphasizes India's potential as a global manufacturing hub due to its demographic dividend and decisive leadership.
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