@t.me/MonePlan | News in Focus | Government cuts excise duty on Petrol & Diesel
▪️Shares of India's oil marketing companies, Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum Corporation Ltd. (BPCL) & Indian Oil Corporation Ltd. (IOC), will be in focus after the Government has announced a cut to excise duty imposed on petrol & diesel.
▪️The excise duty on petrol has been cut to ₹ 3 per liter from ₹13 per liter earlier, while the excise duty on diesel has been cut to Nil from ₹ 10 earlier.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | India Equity Strategy
👉🏿 HSBC India Equity Strategy | Market so far is in-line with historical bouts of oil volatility, 20% rise in crude translates into a 1.5% cut in earnings. Prefer defensive names & stocks that look attractive after recent weakness.
👉🏿 In defensives, like Sun Pharma, RIL, Bharti Airtel & NTPC, stocks caught in the cross-fire are Hindalco, Adani Ports & Godrej Cons. In structural winner list, prefer Apollo Hospitals, ICICI Bank & SBI Life.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | LIC Hsg Finance
👉🏿 HSBC on LIC Hsg Finance | Upgrade to buy from hold, target raised to ₹ 610 from ₹ 570 per/share, possible catalysts are firmer interest rates, potential of repo hike. Faster disbursements, softening bond market rates other major catalysts.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | USL Ltd.
👉🏿 Nuvama on USL | Maintain buy, target at ₹ 1,660 per/share, exit value for RCB in-line with our/street expectations. RCB deal removes key overhang, unlocks significant capital from a low-contribution asset, expect one-time dividend post approval in six months, supporting shareholder returns.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Infosys Ltd.
👉🏿 Morgan Stanley stays neutral on Infosys, maintains Equal Weight with target price at ₹ 1,760.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Azad Engineering Ltd.
👉🏿 Goldman Sachs remains bullish on Azad Engineering, maintains Buy with target price at ₹ 2,200.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | USL Ltd.
👉🏿 Elara Capital upgrades United Spirits to Buy, raises target price to ₹ 1,650,

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Torrent Pharma Ltd.
👉🏿 Morgan Stanley initiates coverage on Torrent Pharma with Equal Weight, target price at ₹ 4,580.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Mankind Pharma Ltd.
👉🏿 Morgan Stanley initiates coverage on Mankind Pharma with Overweight, target price at ₹ 2,500.

@t.me/MonePlan | Highlights FY 26 Vs FY 27
👉🏿 FY26 saw FPI outflows, rupee depreciation and global tensions weigh on markets
👉🏿 FY27 lines up key triggers from elections and monsoon to Fed rate cuts, tariff deadlines & US mid-term polls - key highlights

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Cement Sector
👉🏿 HSBC on Cement | Retain Buys ratings on UltraTech, Dalmia, Ambuja Cements.