@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Financials.
👉🏿 Jefferies on Financials | RBI caps banks’ onshore forex exposure at $100 m vs earlier 25% of capital limit, move driven by sharp Rupee depreciation & wider offshore-onshore forex gap. Cap may support Rupee stability but forced unwinding by April 10 risks Q4 MTM losses

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | OMC's
👉🏿GoldmanSachs on OMC's | ₹ 10 per/litre duty cut offers limited relief, breakeven at $78/bbl vs current $122/bbl. EBITDA losses remain elevated, HPCL gets partial support from export tax

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Apollo Hospitals Ltd.
👉🏿 Citi maintains Buy on Apollo Hospitals with target price of ₹. 9,600.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | AXIS Bank Ltd.
👉🏿 Citi maintains a Buy rating on Axis Bank with a target price of ₹ 1,463, indicating an upside of 19.8%.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | ICICI Bank Ltd.
👉🏿 Citi maintains a Buy rating on ICICI Bank with a target price of ₹ 1,720, implying an upside of 36.7%.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | India Energy
👉🏿 Goldman Sachs on India Energy | OMC earnings pressure remains elevated despite tax cuts.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | QSR Sector
👉🏿 Goldman Sachs on Indian QSR Energy | Impact currently limited but risks remain.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | LG Electronics Ltd.
👉🏿 Goldman Sachs stays bullish on LG Electronics India, trims target price to ₹ 1,730.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | India Defence Sector
👉🏿 Morgan Stanley maintains In-line rating on India Defence sector

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Indian Economy
👉🏿 MOSL on Indian Economy | Inflation impact estimated 10–36 basis points including LPG effects.

@t.me/MonePlan | Jio Finance Large Trade Alert | 26.75 Lakhs shares worth ₹ 62.2 Cr change hands at ₹ 232.5 per/share in block deal window.

@t.me/MonePlan | Stock in Focus | HDFC Bank Ltd. | HDFC Bank valuations at 16-year low | JPM upgrades, Jefferies sees 64% upside
▪️Shares of HDFC Bank Ltd., will remain in focus on Monday, March 30, after emerging as one of the biggest contributors to the Nifty 50 decline in the previous truncated trading week.
▪️Global brokerage firm JPMorgan has upgraded the stock to 'Overweight' from 'Neutral', citing improving risk-reward following a sharp correction.
▪️JPMorgan has a price target of ₹1,010 on the stock, implying a potential upside of around 33% from current levels.
▪️JPMorgan said that HDFC Bank's valuation has corrected to its lowest price-to-book (P/B) level since the merger announcement in April 2022 & is now at a 16-year low of 1.5x FY28 estimated P/B for the parent entity, following a 24% year-to-date decline in the stock price.
▪️Further, the brokerage said that the stock has underperformed both peers & the broader market.

@t.me/MonePlan | New Stock Alert | Central Mine Planning & Design Institute Limited lists at ₹ 160 per/share vs issue price of ₹ 172 per/share on NSE.

@t.me/MonePlan | Sector in Focus | Defence stocks higher after Defence Acqn Council (DAC) clears proposals worth ₹ 2.38 Lakh Cr, GRSE leading with gains of over 3%.