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Investec, Jefferies, and Nuvama have retained 'Buy' ratings on UltraTech Cement, Apollo Hospitals, and Crompton Greaves Consumer Electricals Ltd, respectively, indicating strong upside potential for each stock.
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News and Media
Despite multiple measures by the Government of India and the RBI, Foreign Institutional Investors (FIIs) have continued to reduce their holdings in Indian equities. The ongoing selling trend has resulted in significant outflows from the cash market, reflecting cautious investor sentiment.However, despite this broad-based selling, FIIs have selectively increased their stakes in certain companies, showing confidence in certain sectors. Domestic brokerage firm Kotak Institutional Equities has compiled a list of companies where FIIs continued to add their positions through the quarter ended December 2024:
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News and Media
Overvaluation, especially in mid and small caps, and weak corporate earnings have weighed on sentiment. A slowdown in rural and urban consumption, along with tightening credit, has added to the pressure.
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News and Media
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