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ā¢ Brokerage Motilal Oswal has upgraded EPS estimates of nine Nifty stocks, including Coal India, Maruti Suzuki, and JSW Steel.
ā¢ Motilal Oswal has also revised its FY24E Nifty EPS upwards by 1.1% to Rs 996 from Rs 986 due to notable earnings upgrades in Coal India, HDFC Bank, Maruti Suzuki, BPCL, and ICICI Bank.
ā¢ The domestic brokerage maintains an overweight stance on financials, consumption, industrials, automobiles, and healthcare, and remains underweight on metals, energy, IT, and utilities in its model portfolio.