Stocks to buy: Indus Tower, Bata India among top bets, here’s why

Stocks to buy: Indus Tower, Bata India among top bets, here's why

Indian stock market: On the daily chart, the index has broken down from the rising channel, indicating a rise in bearish sentiment. The trend is likely to remain weak in the near term, with resistance noted at 22,200. As long as the Nifty remains below this level, a strategy of selling on rallies may be … Read more

Goldman Sachs initiates coverage on Metro Brands, sees 28% upside in 12 months; Bata India at ‘neutral’—here’s why

Goldman Sachs initiates coverage on Metro Brands, sees 28% upside in 12 months; Bata India at ‘neutral’—here's why

The global brokerage has given a ‘buy’ rating for Metro Brands and sees an upside of 28 per cent on the stock in the next 12 month at a target price (TP) of ₹1,450. Goldman Sachs has also initiated coverage on Bata India with a ‘neutral’ rating as sees a seven per cent upside on … Read more