A benchmark gauge of the industry, led by India’s IT export stalwarts like Infosys Ltd. and Tata Consultancy Services, has risen about 7% in November.
Kotak has raised its rating to 'Add' from 'Reduce' and increased the target price to Rs 6,200.
Tech Mahindra may encounter several near-term challenges, particularly in its telecom vertical, says CLSA
Tata Technologies is one of the blue-chip stocks in the unlisted space, which investors seem to prefer over the new-age and loss-making businesses
With a strong end to FY22 for Persistent Systems, marked by superior execution, strong defence of margin, and traction in order book, we tell you why there’s little doubt that FY23 would also be a good year for the company despite macro headwinds and fear of reduction in tech budgets.
Manish Sonthalia, Head Equities- PMS, Motilal Oswal Asset Management says pharma and IT stocks look very cheap. He is negative on NBFCs and says growth rates are bound to come down. He likes the current valuation of PSU banks.
DLF has good support around Rs 210, says Anil Manghnani, eqwise.in.