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Brokerage firms initiated coverage on stocks like Va Tech Wabag and Ideaforge Technology, targeting upsides of up to 50%.
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While the growth rate may be good, the advantage that Bajaj Housing has today is that after the merger of HDFC with HDFC Bank, we do not have any large housing dedicated company, says Amnish Aggarwal. However, we believe that the stock will have a long consolidation from the current level unless and until you see very astronomical numbers coming from Bajaj Housing Finance.
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Trump would be inflationary, probably, and so there would be less of interest rate normalisation. The Federal Reserve might not be able to cut interest rates as much. If you look back when he was elected the last time, high yield bonds did very well and stocks did very well because his policies, as I said, were pro-business and pro-markets.
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