A booster shot from RBI: 14 stocks to benefit the most from 35 bps rate cut - Don’t Publish For banks as well as NBFCs, a rate cut would bring down the cost of funds. For the real estate sector, a fall in interest rates could mean lower EMIs.
Consistent performer! Brokerages raise target price for HDFC Bank post Q2 results The most aggressive target price of Rs 1,700 for HDFC Bank was put out by Morgan Stanley which translates into a rise of nearly 40 percent from Friday’s closing price of Rs 1,229.
Market Headstart: Nifty50 seen opening lower; Infosys, RIL eyed Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 0.38 percent. Nifty futures were trading around 11,656-level on the Singaporean Exchange.